Friday, March 19, 2010

Our Government's Numbers

Right in line with analysts’ forecasts, Uncle Sam’s budget deficit for the month of February was $220.9 billion -- the largest monthly total in history.

For the first five months of fiscal 2010, the total is $651.6 billion, 10% ahead of last year’s blistering $589.9 billion pace.
The details are even fuglier. Total revenues: $107 billion. Total expenditures: $328 billion.

Yes, that’s only one dollar of revenue for every three dollars spent.
We have just two words for this: Banana. Republic.

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