Get our fiscal house in order!

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Get our fiscal house in order!

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This column on Bloomberg’s site offers the most sensible course going forward and out of this current financial crisis. Sadly, it is likely not to happen. But it shows how the budgeting process gets out of control as cost centers are added. They take on a life of their own! Other voices are calling for more spending than than what Obama is planning. An article n this morning’s Financial Times headlines, “Obama’s shot in the arm is too small”. Read the Bloomberg article if for nothing more than a good explanation of how much one trillion dollars really is.