Kasz216 said:
As a futher point to this thread by the way... Obama announced his Budget Plan.
3.8 Trillion. So about 700 billion more then last year under Bush.
No more moon base. We could put such a bitchin death lazer on a moon base too... and a few nukes! |
And a $1.6 trillion deficit, which is almost as much as the size of China's dollar holdings, and twice as much as China's holdings of US debt.
In one year.
(not to single out the US, because many other Western countries are running similar sized deficits as a percentage of GDP, but in the US's case the absolute size is amazing and by itself could cause problems)
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