Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (57357)	1/6/2009 3:41:33 PM
From: DizzyG	2 Recommendations Read Replies (1) of 224769

But Kenneth, what about the deficit? Obama says trillion-dollar deficits may last years Jan 6 02:09 PM US/Eastern By CHARLES BABINGTON Associated Press Writer WASHINGTON (AP) - President-elect Barack Obama says the nation probably faces huge deficits for years to come, but heavy spending is needed now to spur the economy. Obama said Tuesday the deficit appears on track to hit $1 trillion soon. Speaking to reporters after meeting with top economic aides, Obama said: "Potentially we've got trillion-dollar deficits for years to come, even with the economic recovery that we are working on." He wants Congress to approve a stimulus plan of about $775 billion. The federal deficit was about $455 billion when the last fiscal year ended on Sept. 30, 2008 breitbart.com You have been banging the drums of doom for the last 8 years with respect to budget deficits. Obama will spend like a drunken sailor. Where is your criticism of this, Kenneth? Diz-

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