Fiscal year '09 budget is going to be a bitch

Discussion in 'Economics' started by The Kin, Sep 17, 2008.

  1. The Fed is going to have hundreds of billions deducted from revenues. Bushs 3.4 trillion budget is going to be fucked.

    But I will find true happiness over state and local budgets which get totally fucked in the ass. Budget cuts of excessive government waste will finally occur because give will be unable to raise capital in the bond markets. If there lucky they will pay 2000 bps above prime. Hahaha!