It’s Not My Fault, Part 10,002……
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As the song goes, I thinl the next line is, "leave your lover."
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What is even more disturbing is that our current deficit levels are no running over 8% of the total GDP of the United States, up from 1% to 3% levels in 2007 and 2008. History has shown that when the deficit begins to creep up to these levels, something has to give. We are, as
Here are the ugly facts: <ol> <li>For the fiscal year ended September 30, 2011, total outlays for the Federal government were $3,600 Billion. This was up 4.2% from 2010 levels.</li> <li>Total receipts [defined as federal tax receipts] for the same period [fiscal year 2011] were $2,303 Billion. Revenue was up 6.5% for the year.</li> <li>So
Consider the data that was recently just published by the Congressional Budget Office on what the government took in receipts, [in the way of taxes, etc.] and outlays for 2011. When you look at what has occurred in the years 2007, 2008, 2009 and 2010 and then compare to 2011, it will nearly make you
As was recently published in the Review & Outlook page of the Wall Street Journal, spending by the Federal government for the fiscal year 2011 [which just ended on September 30<sup>th</sup>, 2011] set an all time record! Yes, an all time record. How can this be? It seems that all we hear about [like the
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