We’ll…We’re waiting

Just a heads up.  Tomorrow (6/8) is Upsy Daisy Day.  You’re supposed to wake up with a smile on your face.  I do everyday…

Oh! I almost forgot, I’m smiling after hearing this;

The federal government's financial condition deteriorated rapidly last year, far beyond the $1.5 trillion in new debt taken on to finance the budget deficit, a USA TODAY analysis shows.

The $61.6 trillion in unfunded obligations amounts to $534,000 per household.

http://www.usatoday.com/

$534,000? So much for recovery summer.  Or is it recovery summer II.

In the face of the greatest economic crisis since the Great Depression, Republicans in Congress chose to play politics with economic recovery and declared the Recovery Act a failure before it even began. They made a cynical bet that if the President fails, they win. Democrats chose to act by tackling the crisis head-on. Just over a year later, the Recovery Act is putting millions of Americans to work and helping the economy grow again. But our work is far from over.

David Axelrod (6/17/2010)

http://www.politico.com/news/stories/0610/38654.html

 

As soon as the recovery is well under way, we need to set up a long-term plan to reduce the structural deficit and make sure we are not leaving a mountain of debt for the next generation.

Barack Obama 

http://www.youtube.com/watch?v=angi1vwUkQc

We’ll…We’re waiting