Infrastructure, the Economy: Hello! — They’re Linked!
| October 5, 2008 |
Lost in the election scramble, bank rescues and heated debate over government bailouts is the simple fact that American needs to rebuild its wealth — we’re busted.
The national debt grows to over $9.8 trillion and climbs rapidly while the current $407 billion federal deficit has nowhere to go but up as the federal government grapples with a teetering national economy. The next president will struggle to recapitalize the country while hundreds of billions of dollars go each year just to service our prodigious national debt. For all the belt-tightening talk, eliminating $16.5 billion in annual earmark expenditures would make only a minor dent in the huge federal deficit.
By Jonathan D. Miller
Full Story: http://citiwire.net/post/262/
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Montana Gov. Schweitzer discusses restoration economy at Montana Tech http://matr.net/article-30946.html
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