-$12,245,872,000,000
We're broke in $142million!
67.1% of GDP
WASHINGTON (AP) --
Figures on government spending and debt (last six digits are eliminated). The
government's fiscal year runs Oct. 1 through Sept. 30.
Total public debt subject to limit Jan. 22 12,245,872
Statutory debt limit 12,394,000
Total public debt outstanding Jan. 22 12,302,465
Operating balance Jan. 22 142,454
Interest fiscal year 2009 383,365
Interest fiscal year 2008 451,154
Deficit fiscal year 2009 1,417,121
Deficit fiscal year 2008 454,798
Receipts fiscal year 2009 2,104,613
Receipts fiscal year 2008 2,523,642
Outlays fiscal year 2009 3,521,734
Outlays fiscal year 2008 2,978,440
Gold assets in September 11,041
Ok, I'm going to throw up now.
Speaker Pelosi-
"It's always been about jobs and deficit reduction," she said. "Perhaps we haven't been clear enough about the purpose and focus of the connection of creation of jobs and reductions of [the] deficit in our initiatives."
(http://media.cnsnews.com/resources/60192.jpg)
She said as she wagged her finger.
What a load of. . .
Those figures are part of an 8 year hangover...
Quote from: Gaspar on January 26, 2010, 01:45:42 PM
Ok, I'm going to throw up now.
Speaker Pelosi-
"It's always been about jobs and deficit reduction," she said. "Perhaps we haven't been clear enough about the purpose and focus of the connection of creation of jobs and reductions of [the] deficit in our initiatives."
(http://media.cnsnews.com/resources/60192.jpg)
She said as she wagged her finger.
What a load of. . .
Careful Nancy, put a glove on it. We don't know where that finger has been.
Another famous waggler:
(http://www.innovationsinnewspapers.com/wp/wp-content/uploads/2008/01/r1.jpeg)
Quote from: FOTD on January 26, 2010, 01:49:34 PM
Those figures are part of an 8 year hangover...
With the last year of those 8 years, 2009, being a mind-numbing binge drunk. "Bush's fault" excuse getting real old in a hurry.
Quote from: guido911 on January 26, 2010, 05:51:25 PM
With the last year of those 8 years, 2009, being a mind-numbing binge drunk. "Bush's fault" excuse getting real old in a hurry.
You just proved you know nothing about economics. Sorry you did not enjoy the wild ride upwards in 2009's market. Sour grapes?
Not Bush's fault completely...he was focused elsewhere.
FYI....the recession is over. Now listen to me because the last time FOTD was making assertions on recession was in June of 07 only to be hung up. Time and the eventual easing of credit will increase employment. SLOWLY. It will be slow if the government does not increase spending.
As far as that deficit, not good but what did you expect after years of excess tax cuts that moved the country nowhere? What did you expect from a GOP dominated congress and a buffoon at war for oil. What did you expect from idiots running investment banks that bought into schemes they did not understand but loosened regulations permitted?
What amazes me most is how the right slams everything- and I mean EVERYthing- Obama says, does, or does not do, yet he, and the rest of the spineless, worthless Dems, with a few notable exceptions, still seeks their input and/or capitulates to their demands and criticisms. It's absolutely maddening.
http://laudyms.wordpress.com/2010/01/26/krugman-obama-liquidates-himself/
"A spending freeze? That's the brilliant response of the Obama team to their first serious political setback? It's appalling on every level. It's bad economics, depressing demand when the economy is still suffering from mass unemployment.....And it's a betrayal of everything Obama's supporters thought they were working for. Just like that, Obama has embraced and validated the Republican world-view — and more specifically, he has embraced the policy ideas of the man he defeated in 2008. A correspondent writes, "I feel like an idiot for supporting this guy."