"Health" = Medicare + Medicaid
"Income Security" = Welfare + Unemployment
The total of the entitlement program specified above for the 2011 budget is 58%. The foreign aid of which you speak is some little bit of the "Other (5%)".
Posted on 06/01/2011 9:49:16 AM PDT by Deo volente
NEW YORK (Reuters) - Stocks skidded on Wednesday, with the Nasdaq off 1 percent as more weak economic data cemented fears of a slowdown and prompted big Wall Street players to slash their forecasts ahead of the closely watched payrolls report on Friday.
(Excerpt) Read more at finance.yahoo.com ...
Brother, can you spare a dime?
This is, of course, “unexpected.”
Is Wall Street finally going to start reflecting reality?
Not as long as the fed keeps pumpin borrowed mony into the economy and QE3 is just around the corner.
Didn’t Obama say he was going to “focus like a laser” on jobs?
His laser needs some new batteries!
Yeah, but he failed to say jobs in which country. He coulda meant Brazil...
Obama’s economy just keeps dredging along.
how “unexpected”
...
not.
The Obamanomics train wreck continues. The question is will he be held accountable?
Hmmm...I think the author meant to say, big Wall Street manipulative insiders.
I guess "players" sounds more legitimate.
OK can everyone agree NOW that Obama and his band of idiots are destroying America.
Congress needs to put a stop to Zero handing out Taxpayer money to third world H-holes.
Spread the word:
“0BAMANOMICS”
I could be wrong, but I think the second “Summer of Recovery” was last year. This would be the third.
Gold spiked up, too.
Don’t get too excited about a bit of a drop today. Yesterday 5/31 was a dividend paying day for about 1/3 of companies that actually pay dividends. And the market always drops a bit the day after when we greedy capitalists know the check is in the mail. So now you bargain hunters should start looking for a chance to buy in a little more at a bit of a discount. Even companies that pay monthly get a bit of a drop the day after-——that’s just how it works folks.——But the EXPERTS always, always need another explanation to blame the drift on.
The House voted against the latest bill to raise the debt ceiling. Services and sales of foreign products in the States depend on how much debt is paid to government payrolls, dependent corporations, etc. They’ll raise the debt ceiling, and the default process will continue.
While foreign aid can be chopped, it is a microscopic speck of spending.
The real money is in Welfare, Medicare, Medicaid, and Social Security. Everything else is peanuts.
Paul Ryan has a plan to become solvent by reforming these programs so they and we can survive.
The Democrats’ plan is national bankruptcy.
"Health" = Medicare + Medicaid
"Income Security" = Welfare + Unemployment
The total of the entitlement program specified above for the 2011 budget is 58%. The foreign aid of which you speak is some little bit of the "Other (5%)".
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