Friday, March 20, 2009

On Second Thought

"They (economic conditions) are not as bad as we think." - President Barack Obama commenting on the economy late last week.

Today, the Congressional Budget Office announced that President Obama's budget will produce $9.3 trillion worth of deficits from now until 2019.

That's $2.3 trillion worse than President Obama declared.

Meanwhile, President Obama still thinks Treasury Secretary Timothy Geithner is doing "an outstanding job".

0 Comments:

Post a Comment

<< Home