HoodaThunk?

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Date: August 21st, 2009

Terrific. White House says 10-year deficit will be worse than they previously said

21 August, 2009 (22:30) | Economy, Politics | By: ricjames

The Obama administration estimated that the 10-year cumulative deficit would be around $7 trillion. Today, they tell us they’re going to release an update to that showing it’s going to be $9 trillion. The $2 trillion revision, first reported by Reuters, stems from new data that showed the downturn was more severe than previously known, [...]

“Cash for Clunkers” program to be cut off this Monday, 24 August 2009 (Update)

21 August, 2009 (08:26) | Politics | By: ricjames

When I was out in Ohio a few weeks ago my father-in-law and I discussed the “Cash for Clunkers” program and he already knew what wouldn’t be reported in the news for several days: dealers weren’t getting paid as they were promised. In his part of northern Ohio there aren’t a huge number of dealers [...]