We've had trillion dollar deficits for several years now, after the current bunch burned through the surplus with their tax cuts and wars. Recovering from that isn't going to happen quickly. The difference I see here is the willingness to disclose the problem to the public instead of pretending it doesn't exist.
On Wed, Jan 7, 2009 at 10:31 AM, C. Hatton Humphrey <[email protected]> wrote: > Why has nobody mentioned this yet? > http://www.nytimes.com/2009/01/07/us/politics/07obama.html?ref=us > > WASHINGTON President-elect Barack Obama on Tuesday braced Americans > for the unparalleled prospect of "trillion-dollar deficits for years > to come," a stark assessment of the budgetary outlook that he said > would force his administration to impose tighter fiscal discipline on > the government. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:284127 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
