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Congressional economists warn of pain
Uzbekistan News.Net
Thursday 8th January, 2009
With the economy shrinking and unemployment soaring, the US Congress economic experts have warned of a ballooning of the budget.
The non-partisan Congressional Budget Office has said the economy will shrink more than two percent this year as the deficit hits a record-high $1.2 trillion.
The CBO experts have claimed the recession will probably end in mid-2009, but not before the unemployment rate soars above nine percent.  Email this story to a friend
Comments on this story
secretslave
01-08-09, 08:09 PM |
Congressional economists warn of pain
salaam = peace,
Who kept Wisdom upon both gardens of LIFE?
Questionable Day ahead of lives,
Wisdom is always forward in Life,
Not retro upon Life,
of matters?
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secretslave
01-08-09, 08:11 PM |
Anti Wisdom not of WISDOM
salaam = peace,
Opposites in deeds of work!
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Anonymous
01-09-09, 11:57 AM |
Negronomics is just a so-called Obama’s promotional gimmick to make people think Obama is an economic savior. Actually has or has not Obama studied the Economics 101 course before in college ? Those age 19 to 30 who have been voted for 2008 Obama think they have 8 years of fu_k-up life with George W. Bush, they will have another 4 more years of fu_k-up life with Obama again. Those housewives and women who have voted for 2008 Obama, Negronomics to put one pound of pork dipped in the water for an hour and later get 1 1/2 pounds of pork; will a housewive want to pay 1 1/2 pounds of water-immersed pork priced money for a pound of pork with 1/2 pound of water ? American people don’t expect Negronomics will add up $1.3 trillion federal deficit of US huge national debt to taxpayer families and let our children generation, and grandchildren generations to burden on paying the highest tax later on.
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