Capital Commerce

The Trillion Dollar Deficit

December 9, 2008 RSS Feed Print

Get used to the idea, says Goldman Sachs: "Although two months is normally a thin reed on which to base projections for the fiscal year as a whole, the role of the deepening economic slump in this deterioration coupled with the escalating size of the likely fiscal stimulus puts the deficit on course to exceed $1 trillion (our latest estimate, including partial allowances for TARP) no matter how one accounts for TARP."

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If the government can't handle trillion dollar deficits, we could help out both the treasury and ailing newspapers by using downtime on printing presses to print greenbacks.

Luther of IL 6:00PM December 09, 2008

to buy up all the fortune 500 companies. We can't let them fail because they are to big to fail.
So I wonder why they need the taxpayers to support their life styles while we work our azz off to give OUR money to the Feds????

Keith of MO 4:41PM December 09, 2008

The Trillion Dollar Deficit

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