A New Spending Record

18 Oct 2011 09:10 #1 by Blazer Bob
http://online.wsj.com/article/SB1000142 ... on_LEADTop


"The Congressional Budget Office recently finished tallying the revenue and spending figures for fiscal 2011, which ended September 30, and no wonder no one in Washington is crowing. The political class might have its political pretense blown. This is said to be a new age of fiscal austerity, yet the government had its best year ever, spending a cool $3.6 trillion. That beat the $3.52 trillion posted in 2009, when the feds famously began their attempt to spend America back to prosperity."

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18 Oct 2011 09:48 #2 by FredHayek
Replied by FredHayek on topic A New Spending Record
3.5 trillion? That is only 11,000 per American. And only one third of that is actually paid for.
America, we're #1! We can outdo the PIIGS combined.

Thomas Sowell: There are no solutions, just trade-offs.

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