The Congressional Budget Office (CBO) yesterday released its updated estimates of the Recovery Act’s impact on the economy. CBO estimates that the Recovery Act’s policies had the following effects in the second quarter of calendar year 2010: * They raised real (inflation-adjusted) gross domestic product (GDP) by between 1.7 percent and 4.5 percent, * Lowered…
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Written on August 25, 2010
Today, the US Government announced a new plan to eliminate obesity in America. The new plan is aimed squarely at over-eating or for that matter, eating at all. The Secretary of Health and Human Services announced today the suspension of all Food and Drug Inspectors. “We intend to let farmers farm and businessmen sell whatever…
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Written on August 24, 2010