Saturday, October 15, 2011

The Coming Contraction
Budget/Debt item by Dr. Robert Owens

The party’s over and it’s time to pay the bill.  Our government has been on a spending binge for as long as I can remember.  With Clinton and Newt’s slight-of-hand accounting back in the late 90s notwithstanding, which wouldn’t withstand the level of scrutiny we give a tab at our local burger joint, there have been yearly deficits every year since I was born back in the 40s.

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