- May 15, 2010
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Steel4Ever said:CNN Breaking News -- "U.S. House OKs a nearly $59 billion emergency spending bill, the bulk of which would go to Afghan troop buildup."
I'm not American but...jeez...will the screwing over of the US taxpayer EVER end?!?
Our Government will spend approximately $1,400,000,000,000 MORE than it takes in in the form of revenues THIS YEAR. Does THAT help answer your question? About $400 Billion of the $800Bn. Emergency stimulus money approved 17 months has not been spent, despite that it was an emergency. At the time, it was sold to us on the basis that if we/congress didn't approve it, unemployment would go over 8%. After it was approved it went over 10% and now hovers just below 10% and almost all hiring is being done by government, not private businesses. The corruption by both parties has finally hit home with the people. In November we will have mid-term elections (all 435 members of congress two years terms will be up as well as 1/3 of the 100 Senators' 6 year terms), I have no idea of the outcome, but I can guarantee it will not resemble any mid-term that any living person can remember.
This is going to be seismic.
