Feed on
Posts
Comments

Daily Archive for February 11th, 2010

… steal from me over and over and over again, shame on you even more. President Obama sold the $862 billion in stimulus spending as “targeted, timely and temporary.” Critics said that was highly unlikely, and now the 2011 Obama budget has proven them right. To wit, the White House is proposing to convert spending […]

Read Full Post »

From peak to trough during this recession, the US economy lost about 3.8% of GDP – or roughly $560 billion in real output. This is generally considered a “national emergency” by economists like Brad DeLong. The economy has since gained a little of that loss back. To put this in perspective, consider that federal government […]

Read Full Post »