Thursday, February 9, 2012

CBO: Don't worry, be happy! Redux

Did you know that our current recession is scheduled to be completely over by October 1, 2012? The mighty Obama has commanded it and thus it will be so. Revenues will increase from 2302B in FY2011 to 2988B in FY2013, an increase of 686B/year or 30%, spending will decrease by 25B/year or .7%, and the deficits will drop from the trillion dollar range to a "sustainable" 500-600B/year amount before dipping lower.

Don't worry, be happy!

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