Before anyone starts patting themselves on the back over the latest budget deal, take a look at the real numbers. This ‘deal’ claims to save $85 billion via cuts, over the next 10 years. Contrast that to the $63b in additional spending the first year alone, and you can see why any worthwhile economist is calling shenanigans on the deal. One thing is for sure, Congress couldn’t be trusted to budget lemonade stand.
Links
-> Budget Fight Masks the Real Threat
-> Why Wall Street is fed up with the White House
-> Debt Deal Will Push US Debt Up More Than Under All Presidents from Washington Through Reagan
-> Executive Order Picks Renewable Energy as Winner, Regardless of Demand
-> 11 Ridiculous Gifts For The Millionaire Who Has Everything
-> 2 Steps to a Better BS Detector
-> Guide to Pulling Off That Company Holiday Party Without a Hitch
op Photo: Oxfam International via Flickr
