As of today the debt is 10.5 trillion plus a few million. It will be 15.75 trillion or more 4 years from today. That is the bet.
How can you have Keynesianism when nothing has been saved anyway? :rolleyes:
Isnt' Keynesianism, and more spending part of why we are in this mess to begin with? :confused:
Back to Barney. He was a major player in the fanny/freddie mess and has done nothing but point fingers since. Yes, both parties pretty much suck right now. But, Barney Frank sets the bar for a pathetic politician.
This week he called for a 20% decrease in Defense Spending. So he's all for this B.S. bailout...he wants more deficit spending....but he's willing to leave our military under-funded. :rolleyes:
Side Note: CAN the military cut funding? Absolutely. I personally know that we waste a lot of funds in the Military and we can cut a lot of spending. But you don't advocate cutting the military budget while pissing away funds on Corporate welfare and payments to people who'd rather loaf around then work.