What Will Rights Be In The Udder World?
Texas learned today that it has $15 Billion Less To Spend than previously thought.
California has a $25 million dollar hole.
And Bernanke says that there he is not responsbile for the states?
Federal, State, and Local Government spend over $7 Trillion dollars per year.......
About half of our GDP.
That spending drives much of the other half of the GDP.
If Government is not spending, our economy collapses as presently structured.
Will government be forced to cut spending as the aggregate deficit now approaches $2 Trillion dollars per year?
Texas lawmakers faced with $15 billion shortfall
Jerry Brown's dire warnings about state budget to come true
It is not the end of the world, just the end of a world as you knew it.....
and the beginning of The UdderWorld.com