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Topic History of: Obama signs massive "cuts" in Bill in USA
Max. showing the last 5 posts - (Last post first)
Author Message
hedda yes perhaps that's why they pump hundreds of billions$$ into weapons to blow up the ME and jails to lock up dope smokers.

brilliant economics
In The Know US President Barack Obama has signed into effect a wave of steep spending cuts which he has warned could damage the US economy.

The cuts will take $85bn (£56bn) from the US federal budget this year.

www.bbc.co.uk/news/world-us-canada-21638727

Even the USA has realised - you cannot hide from your debts forever - no matter what the loonies may say ! - and the longer you leave it, the worse it will be.