Thursday, December 11, 2008

Federal share of economy soaring

http://www.usatoday.com/news/washington/2008-12-10-spending_N.htm?csp=34

All that spending will push the federal share of the nation's $14.4 trillion economy to 25% or more — past the post-World War II record of 23.5% set in 1983, at the end of what was then the worst recession since the Depression.

Unsustainable and when it stops we be in full crash mode.

No comments: