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Given the cumulative deficit over the next three fiscal years of nearly $3.5 trillion according to OMB, Director Ramanathan stated that Treasury will need to remain extremely agile through its debt management approach and actions to confront challenges related to the fiscal and economic outlook.
Obama doesn't do anything to control our deficit. It's going up.
Last edited by NEPatriot; 12-26-2009 at 11:48 AM..
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Re: OBAMA: 3.5 TRILLION DOLLARS DEFICIT in the NEXT 3 YEARS
Originally Posted by NEPatriot
Was it risky to vote for Obama? It was not because you BANKED everybody's future on him.
That's sort of what people do when they vote. So far, in my lifetime, the only bad bets were Carter and Bush II at least from an economic point of view, and both them were quite conservative. In fact Carter's big "accomplishment" was to deregulate the trucking industry, one the things that I think drove Harry Boy away from the Democrats.