I didn't say I agree with him, I said he was smart and offers a point of view. I didn't say I agreed with his point of view but I do enjoy hearing other points of view... when they are intelligently presented.
Location: the original let me google that for ya guy
Very interesting. I don't see a whole lot wrong with some of his commandments but the country as a whole will never buy into this theory. It's to centered around being the victim etc and well the government has screwed me or is helping me and I don't want to give up these entitlements.
``The budget deficit for fiscal year 2009 might reach $1 trillion if Congress passes another stimulus package this winter,'' said Lou Crandall, chief economist of Wrightson ICAP, in a research note. ``And that's just the beginning of the bad news -- financing needs arising from off-budget items might be nearly as large as the on-budget deficit.''
Crandall estimates 2009's total borrowing needs at $1.95 trillion. He says Treasury could raise this money with an ``aggressive but sustainable'' increase in regular borrowing, accompanied by one-time auctions as needed.