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IllTestYourGirls

10-13-2008 08:08 AM

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.

directfiesta

10-13-2008 08:09 AM

congrats to all the winners :thumbsup

jalami

10-13-2008 08:13 AM

Quote:

Originally Posted by directfiesta (Post 14889881)

congrats to all the winners :thumbsup

Thank you!

Sincerely,
The Chinese

xmas13

10-13-2008 08:46 AM

Impressive. Estimated US Budget Deficit for 2009 = 3% of the world's GDP. :helpme

grumpy

10-13-2008 08:46 AM

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?

IllTestYourGirls

10-13-2008 08:50 AM

And we have not even hit the baby boomers retiring yet. woohoo!

xmas13

10-13-2008 08:54 AM

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! :winkwink:

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