Obama fiscal deficit soars six-fold … dollar plunges!
Just in case someone might have missed the news … the Federal Reserve Flow of Funds accounts for Q2 2009, places the US fiscal deficit (annual basis) at $1,294.9 billion. (Table F.106 Federal Government, line 17, Net Federal Government Saving NIPA basis) This “Obama Deficit” is about six times the fiscal deficit for the year […]