tag:blogger.com,1999:blog-7665280159887667854.post1371087828637550853..comments2023-11-03T08:36:57.066-04:00Comments on D.C. Exile: The Short List - August 25, 2011Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7665280159887667854.post-23733775770401895952011-08-25T09:31:15.956-04:002011-08-25T09:31:15.956-04:00Now if this would only translate into a recognitio...<i>Now if this would only translate into a recognition by elected leaders that you can't cut your way out of a near depression.</i><br /><br />Oh, I wouldn't worry about that, most of them continue to labor under the faith-based proposition that government spending is the key to economic recovery (or as Real Man of Genius/VP Joe Biden put it, we have to spend money to keep from going bankrupt). According to wikipedia, the <a href="http://en.wikipedia.org/wiki/2009_United_States_federal_budget" rel="nofollow">2009 federal budget</a> spent $3.1 trillion while the <a href="http://en.wikipedia.org/wiki/2012_United_States_federal_budget" rel="nofollow">2012 budget</a> is set to spend $3.73 trillion -- nearly a 20% increase in just three years. <br /><br />Anyway, amidst all of the talk of "change" it's interesting to see the Obama administration embrace the policies of its predecessor, which saw spending increase from $1.86 trillion in 2001 to $3.1 trillion in 2009 -- a 67% jump. <br /><br />Talk of government spending cuts remains just that, a bunch of talk.Colinhttps://www.blogger.com/profile/03573575140584770666noreply@blogger.com