Spendocrats never stop

Did you know there's a depression on? Yes, we are in a DEPRESSION. The politicians and other "chattering classes" are calling it a recession, but that is traditionally defined as two consecutive quarters of falling gross domestic product or GDP. the USA is way beyond that point. Don't look to the fedgov for any real indication of this, however -- the multi-trillion-dollar warmongering and giveaway programs go merrily on as if things were still the economically rosy (if illusory) 1990s.... and even expands, as if money grew on trees! Here are recent items from very useful if sometimes liberaloid Freedom's Phoenix organization in the great and sometimes rebellious state of Arizona and the ever-revealing News Of The Weird syndicated feature.

News Link • Economy - Economics USA08-31-2010 •
Federal spending rises a record 16% in 2009, Census Bureau says
Washington Post Federal domestic spending increased a record 16 percent to $3.2 trillion in 2009, the Census Bureau reported Tuesday, largely because of a boost in aid to the unemployed and the huge economic stimulus package enacted to rescue the sinking economy.
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http://www.newsoftheweird.com/archive/index.html Americans continue to agonize over government "giveaways," but as News of the Weird has noted several times, somehow federal farm subsidies continue unabated -- even though much of the money no longer goes to cuddly "family farms" but to rich urban industrialists who hardly know a plow from a sow. In the latest accounting from Environmental Working Group records, the weekly New York Press revealed such "agrarian" handout-seekers as Manhattan billionaires Leonard Lauder and David Rockefeller -- and Rockefeller's son Mark. (In fact, for 10 years now, the federal government has handed Mark $54,500 a year not to grow anything on his 5,000 acres in Idaho. According to the Press, Mark never intended to, in that he only bought the land because it was adjacent to the upscale, socialite-hangout South Fork fly-fishing lodge he runs next door.) [New York Press, 6-15-10]