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Larry G said...

ten times more birds are killed every year by cars - and cats (instead of wind power).

where is the outrage?

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PeakTrader said...

Larry says: "Ten times more birds are killed every year by cars - and cats...Where is the outrage?"

In this economy, some people wouldn't be eating without road kill.

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PeakTrader said...

The good news is the federal government is squandering less money:

US gov't runs $1.3 trillion budget deficit in 2011
October 14, 2011

WASHINGTON (AP) -- The government ran a $1.3 trillion deficit for the budget year that ended last month, the third straight year it has operated more than $1 trillion in the red.

The 2011 budget deficit was the second highest on record. It's slightly ahead of the previous budget year's $1.29 trillion deficit but below the $1.41 trillion imbalance record in 2009.

For 2011, the government had to borrow 36 cents of every dollar it spent...For 2011, net interest payments rose 15.7 percent to $227 billion.

A slightly improved job market helped boost income tax revenue this year. From October 2010 through last month, the economy added 1.3 million net jobs. That compares with only 339,000 net job gains in the previous 12-month period.

Still, that hasn't been enough to bring the millions of Americans who lost jobs during the recession back into the work force.

Total revenues increased 6.5 percent to $2.3 trillion for the budget year that ended Sept. 30; spending rose 4.2 percent to $3.6 trillion.

The nation's debt is now $14.8 trillion.

The Obama administration is estimating that the 2012 deficit will total $956 billion.

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PeakTrader said...

Of course, employment needs to increase.

So, people can work very hard to pay for the spending spree.