Macro Econ. Paper
November 17, 2006
Congressional Spending
The magazine article published in the November issue of Rolling Stone magazine entitled "The Worst Congress in History", by Matt Taibbi, provides some particularly negative insights on the idea of our governments spending policy. As a primarily liberal magazine, the article naturally has an extreme bias against a congress that republicans rule. However, they do provide some very intuitive information that is definitely worth further review especially in an economic regard.
One particular section of the article that struck my attention was the author's interest in the nation's current federal budget deficit, and, in his eyes, it is the fault of the congress. Taibbi says that when former president Bill Clinton left office, there was a 236 billion dollar budget surplus. Now, according to Taibbi, the nation is 296 billion in the hole. Along with these numbers, he also asserts that over sixty five percent of the entire......

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Title: Economic Policies
Approximate Word Count: 728
Approximate Pages: 3 (250 words per double-spaced page)

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