U.S. to Spend another 3.83 Trillion Dollars in 2011
Posted Monday February 1, 2010 at 3:42pm in News, Politics
I don’t have much to say on this issue, but I felt it was still necessary to comment on. The article that has unveiled this information is by Martin Crutsinger, an AP economics writer, that has been sponsored on yahoo.com. According to Crutsinger, this will expand the national budget deficet to a “record 1.56 trillion dollars.”
This is insane! Why does the U.S. Government insist on spending so much money? I understand we are still fighting two wars and some spending will take place for our soldiers’ equipment, and that is fine with me. Again the article cites that the deficit could grow by about 8 trillion more dollars over the next decade. It is my belief that we should not go further into debt to fix our countries monetary problems. Then again, I am a history major, not a econ major, but doesn’t common sense say we should save money by spending less to get out of this deficit?
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