Wasting Time With Alex

How bad are things getting?

Well they are getting real, real bad. Revenue is way down compared to what was collected same time last year. And remember how last year, according to the MSM, we were in a horrible recession and doomed - also Bush was in the WH, and the media had a vested interest in getting a democrat elected - but are we hearing anything about how much worse things are now from them? Heh, don’t bother. They would likely blame Bush for it still. But the numbers don’t lie:





And as they project these numbers for the rest of the year, it gets even worse! The government is going to come up short. Way short.

The short story is that things are getting worse. Much worse. And while I am sure the moonbats will blame Bush, the fact is this is happening because of them. Do not forget to put this revenue shortfall into perspective either. We have borrowed $4 trillion, plan to borrow as much as $10 trillion - so far, there is room for a lot more according to the left - over the next 10 years, and that doesn’t include the healthcare takeover by government. The housing market is also still heading south, despite, or perhaps exactly because of, all the government meddling and hocus pocus. Couple that with the massive new “Cap and Tax” hike, and you are now looking at horrible economic killers. The stock market is showing that. And energy prices are coming back up. Inflation is inevitable, and when it comes it will hurt. I should mention that my credit card company yesterday sent me a notice that they were moving away from a fixed annual rate to a varying monthly interest rate that would be tied to a fixed number plus prime. This is the stuff you expect to see when people are worried about rampant inflation.

Welcome to a repeat of the Carter years!