The United States posted an $82.69 billion deficit in April, nearly four times the $20.91 billion shortfall registered in April 2009 and the largest on record for that month, the Treasury Department said on Wednesday.
Look what some hot-headed, wingnutty alarmist said about it: “the United States must tackle its deficits quickly to avoid the kind of debt crisis that hit Greece.”
Q: So who said that?
A: White House budget director Peter Orszag
For even more awesome economic news see Doug Ross @Journal.
Another Palette cleanser:
YouCut – a first-of-its-kind project – is designed to defeat the permissive culture of runaway spending in Congress. It allows you to vote, both online and on your cell phone, on spending cuts that you want to see the House enact. Vote on this page today for your priorities and together we can begin to change Washington’s culture of spending into a culture of savings.
You can vote to cut wasteful boondoggles, here.
I wonder how much the YouCut website costs?
Yet Another Palette Cleanser:
That crazy lady with the gavel in the basement, yeah buddy, you’re really gettin’ dissed! That crazy lady has her own jet airplane, that crazy lady – she’s a social-ist!
NOT palette cleansers:
Gateway Pundit: More Good News… Unemployment Expected to Surge Above 10% Again
Fausta: Depression 2010?