Economics 101

Last Nail in the Coffin for the U.S. Economy

And once you unveil the shaky assumptions, it's equally obvious the deficit could be the last nail in its coffin.

First, Look at the Government's Own Shocking Numbers!

The Congressional Budget Office (CBO) estimates that …

The 2009 federal deficit will be $1.186 trillion! Even after adjusting for inflation, that's more than the combined cost of the Vietnam War ($698 billion) and the Korean War ($454 billion) … 4.6 times more than the entire S&L bailout of the 1980s … and 5.5 times larger than the Louisiana Purchase:

Read on........................