don't worry John, he's about to declare a "spending freeze"...which I guess is sort of like going way over your limit on your credit card and having the bank shut you off and then proclaiming that you aren't going to use your credit card anymore, except for this and that....
Figures on government spending and debt
On Monday January 25, 2010, 5:38 pm EST
WASHINGTON (AP) --
Figures on government spending and debt (last six digits are eliminated). The
government's fiscal year runs Oct. 1 through Sept. 30.
Total public debt subject to limit Jan. 22 12,245,872
Statutory debt limit 12,394,000
Total public debt outstanding Jan. 22 12,302,465
Operating balance Jan. 22 142,454
Interest fiscal year 2009 383,365
Interest fiscal year 2008 451,154
Deficit fiscal year 2009 1,417,121
Deficit fiscal year 2008 454,798
Receipts fiscal year 2009 2,104,613
Receipts fiscal year 2008 2,523,642
Outlays fiscal year 2009 3,521,734
Outlays fiscal year 2008 2,978,440
Gold assets in September 11,041
not only is spending out of control, but we've committed to outrageous spending before declaring the "freeze"...and look at the receipts....there is nothing to inspire the economy, in fact, every proclimation and demonization from the WH makes people, companies, banks less likely to invest in an uncertain future, little desire to expand and do what we generally do to grow our economy...engage in commerce..Capitalism...evil capitalism...it's all being temporarily propped up at the moment, but who knows how long that will last....