In January 2009: Congressional Budget Office projectsMy thoughts: Wow. The FY 2009 deficit will be the same size as the FY2000 budget. Obama has the audacity to lecture the country on "fiscal responsibility." Obama needs to step away from the Kool-Aid now.
FY2009 budget deficit $1,186 billion
FY2013 budget deficit $257 billion
In February 2009: Office of Management and Budget projects
FY2009 budget deficit $1,750 billion
FY2013 budget deficit $533 billion
Obama pushes the package of a $787 Billion "Stimulus" Bill
source CBO and OMB
Economics, as a branch of the more general theory of human action, deals with all human action, i.e., with mans purposive aiming at the attainment of ends chosen, whatever these ends may be.--Ludwig von Mises
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