“President Barack Obama will forecast a 2009 deficit of $1.75 trillion in a budget proposal on Thursday that sets goals of overhauling the healthcare system and shoring up the U.S. economy. The huge deficit would represent 12.3 percent of U.S. gross domestic product — the largest share since World War II.” (Reuters, Thursday)
We owe it to ourselves the Chinese.
FEE Timely Classic
“Deficits Do Matter” by Hans F. Sennholz
Recently many popular websites went black to fight the proposed SOPA and PIPA bills. Fighting censorship, however, is nothing new. ... Go to blog
It appears that spending on government education in one year was 324 times the amount companies spent on Super Bowl ... Go to blog
In digging through the archives at the Foundation for Economic Education, one comes across a variety of correspondences, from the ... Go to blog
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