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Old 10-13-2008, 08:08 AM   #1
IllTestYourGirls
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US Budget Deficit for 2009: 2 Trillion Dollars

http://www.bloomberg.com/apps/news?p...d=aXCtv.lATO8I

Quote:
The 2009 budget deficit could be close to $2 trillion, or 12.5 percent of gross domestic product, more than twice the record of 6 percent set in 1983, according to David Greenlaw, Morgan Stanley's chief economist. Two weeks ago, budget analysts said the measures might push deficit to as much as $1.5 trillion.
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Old 10-13-2008, 08:09 AM   #2
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congrats to all the winners
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Old 10-13-2008, 08:13 AM   #3
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Quote:
Originally Posted by directfiesta View Post
congrats to all the winners
Thank you!

Sincerely,
The Chinese
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Old 10-13-2008, 08:46 AM   #4
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Impressive. Estimated US Budget Deficit for 2009 = 3% of the world's GDP.
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Old 10-13-2008, 08:46 AM   #5
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so national debt will be around 12 trillion wich is 12.000.000.00.000
number of residents in usa 301,193,947 that will be 40k per resident?
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Old 10-13-2008, 08:50 AM   #6
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And we have not even hit the baby boomers retiring yet. woohoo!
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Old 10-13-2008, 08:54 AM   #7
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Dude, Washington DC is not worried.

3 million new Americans next year.

7 million new Chinese next year.

More US taxes, more Chinese loans.

Everything is gonna be ok!
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