Saturday, April 12, 2014

Chris Edward's Cato Presentation on Federal Spending

Not impressive.

The deficit is dropping like a rock because of increased capital gains receipts and less out flow to the unemployed.  Obama's good stewardship of the country is helping with the winding down of our engagement in Afgahanistan saving 20 billion, for example, in last month's military expenditure alone!   Republicans are going to have this issue snatched away from them if Obama ends his term with a surplus and hands it over to Clinton, whose last administration created surpluses so great there was fear of running out of government bonds to sell.

No comments:

Post a Comment