SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tejek who wrote (528544)11/13/2009 7:31:29 PM
From: Joe NYC2 Recommendations  Read Replies (2) of 1576972
 
Spending a great deal of money all at once does not guarantee budget collapse down the road

If it was a one time thing, that would be something else. But nothing has changed with structural issues, so it is a long term problem.

The stimulus was by no means a one time shot in the arm. It is just a seed money of a built up of higher future spending, worse structural problems.

And that does not even include the health "reform". What is killing the federal budget are the Medicare and Medicaid costs. Obama is going to greatly increase the scope of these problems.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News