...according to the lead article in the New York Times this morning. And you know what I say? So what.
The Obama administration said Friday that the federal budget deficit for the fiscal year that just ended was $1.4 trillion, nearly a trillion dollars greater than the year before and the largest shortfall relative to the size of the economy since 1945.
Do you remember what happened after 1945? A huge economic expansion. Inflation? Not an issue. Everybody needs to take a deep breath, especially you tea-baggers.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment