Spending issues
Monday, January 16, 2006
Has anyone else seen this article over on CNN.com? Apparently the national deficiet this year is going to be around $400 billion (yes, that's a "b") dollars! What the...?
That's a lot of money. I mean, that's roughly $1,300 for every man, woman, and child in the US. Why do we spend that much? I understand deficeit spending during a recession or economic downturn, but since our economy is the envy of the world (best picture ever!) we might want to think about spending our money a little more wisely.
And, having worked on a federal site for years, I can tell you there's a LOT of room to cut spending in the government, but the mentality of money has to change first.
That's a lot of money. I mean, that's roughly $1,300 for every man, woman, and child in the US. Why do we spend that much? I understand deficeit spending during a recession or economic downturn, but since our economy is the envy of the world (best picture ever!) we might want to think about spending our money a little more wisely.
And, having worked on a federal site for years, I can tell you there's a LOT of room to cut spending in the government, but the mentality of money has to change first.
posted by Burton at 12:15 AM
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