Economics, Media Criticism, Political Commentary An Ego’s Descending Death Spiral September 22, 2012 Rand Simberg 3 Comments Some thoughts on fatal arrogance.
We had the stimulus, an expenditure of nearly a trillion dollars When did $550 billion become “nearly a trillion”?
The final cost is estimated to be 831 billion, which for those not trying to carry the big O’s water, is close to a trillion dollars.
And the stimulus was supposed to be a spike in spending yet deficits barely dropped at all from stimulus peak spending.
We had the stimulus, an expenditure of nearly a trillion dollars
When did $550 billion become “nearly a trillion”?
The final cost is estimated to be 831 billion, which for those not trying to carry the big O’s water, is close to a trillion dollars.
And the stimulus was supposed to be a spike in spending yet deficits barely dropped at all from stimulus peak spending.