Some ecomomists believe governments can spend out of a recession.
That's a big roll of the dice that many U.S. Presidents have thrown
over the years. Unfortunately, President Obama is the last one at
the table with cold dice. His rolls are starting look like a
bust.
Some ecomomists believe governments can spend out of a recession.
That's a big roll of the dice that many U.S. Presidents have thrown
over the years. Unfortunately, President Obama is the last one at
the table with cold dice. His rolls are starting look like a
bust.
DeficitAid.com, the site
dedicated to education American on government spending issues, has
founded two msut read articles: U.S. Money Supply Plunges at 1930's Pace as Obama Eyes Fresh Stimulus; and Crisis or Recovery: Tales From a Conflicted Economy;
The UK article on Money Supply gives a very revealing look at how
Europe is looking at the effects of the stimulus package and America's
huge debt. The Crisis or Recovery article comes to a similar
conclusion from a different perspective. Neither article has a
rosey picture for the future of the U.S. Economy.
Many in the know have been grumbling about a double dip
recession. I'm personally not an expert but a listener who polls
the "noise". Expect for those in Obama's camp, the negative
economy noise is getting alot louder lately which really concerns
me. Even an astrologist has deemd July 30 to August 5th 2010 to
be a huge collapse in financial markets.
Educating American on issues with regards to National Debt and deficit spending is the first step to becoming more fiscally responsibily in America. The facts are
scary. The solution is obvious. Stop rolling the dice on America's future.