Who says US is on the brink of a recession?...
The 
only big spender in the United States sits in Washington: President George Bush needs another $800 billion for the mess in Iraq which will assure that the USA will be saddled with public debt in excess of $10 trillion once he leaves office in 2008 (The US Congress approved a multi-billion dollar Iraq war budget on May 24, after bowing to US President George W. Bush’s demands). Big government keeps growing bigger and at last count in April a quarter of all new jobs came from the government, leaving taxpayers with higher bills in the future.
Source : IIPM Editorial, 2007 
only big spender in the United States sits in Washington: President George Bush needs another $800 billion for the mess in Iraq which will assure that the USA will be saddled with public debt in excess of $10 trillion once he leaves office in 2008 (The US Congress approved a multi-billion dollar Iraq war budget on May 24, after bowing to US President George W. Bush’s demands). Big government keeps growing bigger and at last count in April a quarter of all new jobs came from the government, leaving taxpayers with higher bills in the future. A jump across the big pond to Europa lands one in economic mud these days. The official GDP growth rate in the European Union declined from 3.5% to an annual rate of 3.1% in early 2007, with quarterly figures confirming a continuing downtrend and an unchanged unemployment rate.
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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Links til dette indlæg
- http://search.live.com/results.aspx?q=brink&mrt=en-us&FOR... ( 5. Oct 2007)
- http://iipmtop.blogspot.com/ (24. Sep 2007)
- http://technorati.com/posts/tag/Bush%2C%2BDebt%2C%2B9%2BT... (11. Sep 2007)