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US spent 60% of its GDP with 5 months

Discussion in 'Political Discussion' started by NEPatriot, Dec 24, 2008.

  1. NEPatriot

    NEPatriot Banned

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    U.S. bailout, cash infusions at $8.5 trillion - Wichita Business Journal:

    we are not out of the trouble even though we spent it. The amount is going to be bigger in the next few months.

    http://www.bloomberg.com/apps/news?pid=20601068&sid=ah7iC.ZTIZ2Y&refer=home
    Last edited: Dec 24, 2008
  2. MrBigglesWorth

    MrBigglesWorth Rookie

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    oh just wait until the real wave of ARM foreclosures happen. not many are going to want to refinance if they can when the failure of their house dropped big time.

    the govt would have been better off just dividing the 8.5 trillion and dividing it amongst the citizens to go buy junk

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