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  1. 02-27-2010, 12:27 PM #1
    Texas2step
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    Sen. Gregg: U.S. Headed for 'Financial Meltdown'

    Sen. Gregg: U.S. Headed for 'Financial Meltdown'
    Friday, 26 Feb 2010 07:51 PM
    By: Dan Weil

    The United States has set itself on a course for economic disaster, thanks to the exploding budget deficit and debt burden, says Sen. Judd Gregg, R-N.H.

    Much of the problem stems from the $787 billion fiscal stimulus plan enacted last year, he says.

    “It’s been a disaster from the standpoint of our fiscal policy. We added a little over $1 trillion of debt for virtually no change in the economic ground,â€
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  2. 02-27-2010, 01:19 PM #2
    4thHorseman
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    Much of the problem stems from the $787 billion fiscal stimulus plan enacted last year, he says.
    Simple solution. Don't spend the 500 billion of that 787 billion dollars that is still unspent (probably reserved for 2010 mid-term Democrat Party election campaigns).
    "We have met the enemy, and they is us." - POGO
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