Saturday, November 6, 2010

The Keynesians Get Their Wish

American Thinker  "The Federal Reserve plans to inject $600 billion of the most caustic debt imaginable into the economy. This is the Agent Orange of monetary policies that has the potential to wreak financial havoc."

Federal Spending by the Numbers 2010 "While some of this spending is a temporary result of the recession, President Obama’s latest budget would replace this temporary spending with permanent new programs. Consequently, by 2020—a time of assumed peace and prosperity—Washington would still spend nearly $36,000 per household, compared to $25,000 per household before this recession (adjusted for inflation)." Heritage
There is a wealth of information in this article, but you have to be committed to the research to tackle it. To sum it up, this nation is being run by idiots. With too much time on their hands.

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