General Overview

There is a lot of info here. I don’t expect any defense of this. It’s purely informational.

http://online.wsj.com/article/SB10001424052748703976804575114151637806636.html

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4 Responses to “General Overview”

  1. urstupidnourstupid Says:

    Some pretty bold statements. Let’s just see, after 1 year, where things are as they pertain to the budget/taxes/spending and this article. Care to make a bet?

  2. urstupidnourstupid Says:

    Sure. I’ll go with what Obama estimates or higher. Name it.

  3. urstupidnourstupid Says:

    Not sure I understand your reply. You’re doing like an over/under and picking the over? You gotta pick a specific number from this article.

  4. urstupidnourstupid Says:

    The only two that will end anytime soon are these:

    Would borrow 42 cents for each dollar spent in 2010;

    •Would run a $1.6 trillion deficit in 2010–$143 billion higher than the recession-driven 2009 deficit;

    They don’t say whether it’s calendar or fiscal so let’s go with calendar since fiscal started in late 09. I’ll take the over on both of these.

    If you win, I will go to a coffee party event. I win, you go to a tea party event.

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