Us Gov't Borrowing 50 cents for every $1

[Teresa]

2009 deficit 50% greater than expected


    The director of the Congressional Budget Office today updated his projections for the budget and economic outlook and is now anticipating a $1.8 trillion deficit this year, and $1.4 trillion in 2010.

    This is up from CBO director Douglas W. Elmendorf's January 2009 projection of a $1.2 trillion deficit this year. In short, the US government is borrowing 50 cents for every dollar it spends.

    The new projected deficit is four times the 2008 deficit, which was a record high for its time.

The result, according to the CBO, would be an ever-expanding national debt that would exceed 82 percent of the overall economy by 2019 — double last year's level — and threaten the nation's financial stability.

http://hotair.com/archives/2009/05/11/cbo-2009-deficit-50-greater-than-expected/


And yet they do it anyway. 
I need to talk to my bank and see if they'll let me spend my way out debt.


Sometimes I wish it would all just collapse so we can start over. And by the way it is going... I just may get my wish.
I really do believe that this is the early part of a collapse, and it won't be pretty.

[Varmit]

Tersea, you just need to "trust them to know what they're doing", "out of loyalty for your country" you should not speak out against things like this....  
Just ask some of the older folks who post on the fourm, they'll tell you.