Why the Taliban Ride Mules, Cost of Gasoline in Kandahar, the Deficit.………..



Afghanistan is a land-locked country. It has no ports and few remote airports…….It costs the Us military about US$400 per gallon for gasoline that is used by the troops in Afghanistan……..” MSNBC

That may partly explain the next item, maybe after the costs of the toilet seats are added:

U.S. deficit biggest since 1945. Obama administration closes the books on fiscal 2009: Falling revenue plus soaring spending leads to a $1.42 trillion deficit. The Obama administration on Friday said the government ran a $1.42 trillion deficit in fiscal year 2009. That made it the worst year on record since World War II, according to data from the Treasury and the White House Office of Management and Budget. Tax receipts for the year fell 16.6% overall, while spending soared 18.2% compared to fiscal year 2008. The causes: rising unemployment, the economic slowdown and the extraordinary measures taken by lawmakers to stem the economic meltdown that hit in fall 2008. Consequently, the annual deficit rose 212% to the record dollar amount of $1.42 trillion, from $455 billion a year earlier……..”
Cheers
mhg

Mon Email

 

What did you think of this article?




Trackbacks
  • No trackbacks exist for this post.
Comments
  • No comments exist for this post.
Leave a comment

Comments are closed.