The Federal Budget Deficit set a new record – $223 Billion – not for the year, but for the MONTH of February! The Deficit for the entire YEAR of 2007 was only $163 Billion! And we were dissatisfied with George W. Bush because he was such a spendthrift!
The Euphoria over the unemployment number falling to 8.9% has made some think the economy is getting better, but the inflation that is the natural result of the out-of-control spending of the Federal government has already started.
I fear that hard times are coming and we all need to get ready.
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