The Congressional Budget Office says that the budget deficit for 2009 — through only the first six months of the year — has surpassed $1 trillion. That’s a lot of zeros for only six months. How big is a trillion? The NASA website says that one trillion seconds equals 31,546 years. The rate at which [...]
Archive for July 9th, 2009
$1,000,000,000,000
Posted in Politics, The Economy, tagged Budget Deficit, budgets, economy, Politics on July 9, 2009 | Leave a Comment »
Interesting Events In Iran
Posted in World, tagged Iran, protest, World on July 9, 2009 | Leave a Comment »
Protests apparently are starting up again in Iran after a hiatus that occurred following the government crackdown. Logically, there are at least two possible reasons for the sudden reemergence of such public dissent. The first possibility is that there has been some kind of subtle political change, undetected by Western observers, that has signalled that [...]
Tracking Stimulus Spending
Posted in Politics, The Economy, tagged economy, Politics, stimulus on July 9, 2009 | Leave a Comment »
Here’s an interesting and, I think, balanced take on the stimulus package, six months later — how much has been spent, how much hasn’t been spent, and why. If there really is serious consideration of a second stimulus package (and I hope there isn’t) this kind of article should be required reading for lawmakers.
