Wednesday, July 15, 2009


The budget (of course to me a budget is where the ins & outs equal; i.e., reducing spending to come out even when have less money than expenses or to plan for some savings) deficit is over $1,100,000,000,000 thru June this year. With 306,918,649 people (according to the population clock) this means that we are each (every adult & child in the US) $3584.01 in debt thru the first half of the year.

But the democrats have a plan to fix this: spend more money, tax energy, & take over health care. I wish Washington would get a clue!

“A man in debt is so far a slave.” Ralph Waldo Emerson

“Debts and lies are generally mixed together” Francois Rabelais

“Some debts are fun when you are acquiring them, but none are fun when you set about retiring them” Ogden Nash

budget (n) 1 an estimate of income and expenditure for a set period of time
• an annual or other regular estimate of national revenue and expenditure put forward by the government, often including details of changes in taxation.
• the amount of money needed or available for a purpose
2 archaic a quantity of material, typically that which is written or printed.
ORIGIN late Middle English : from Old French bougette, diminutive of bouge ‘leather bag,’ from Latin bulga ‘leather bag, knapsack,’ of Gaulish origin. Compare with bulge . The word originally meant a pouch or wallet, and later its contents. In the mid 18th cent., the Chancellor of the Exchequer in the UK, in presenting his annual statement, was said “to open the budget.” In the late 19th cent. the use of the term was extended from governmental to private or commercial finances.

No comments:

Post a Comment