The total of the recently signed Porkulus package, conservatively estimated at $800 billion, is more than the entire federal budget of the U.S. for 1982.
Tuesday, February 17, 2009
I read today that in 2010, the federal government aided by the mother of all bailouts, will spend 40% of the nation's GDP. I predict that by the end of President Obama's first term, we will reach the Europeans 47% and socialism will be the new American Dream. Yes, Timmy, you to can grow up and give half your earnings to the black hole of government. I hear another 20,000 moved out of California last month. Gotta love it.