The most common way of dealing with out of control budget deficits is to cut social programs and hurt those who are most marginalized already. U.S. elitists are creating this monster, and its the average tax payer who’s going to suffer mightily for it:

Record deficit expected in 2009 (U.S.)

The actual 2009 deficit could climb still higher because the new projection does not reflect full funding for the wars. In addition, a worsening economy could add to the red ink by reducing tax revenue and increasing safety-net payments, such as jobless benefits and food stamps

And ABC: Without ‘creative White House accounting,’ Bush’s deficit is actually $600 billion.

Categories: Politics
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