Who loves ya, baby?
Government spending up $30.5 billion so far in fiscal year 2013.
Through all of fiscal 2008, before Obama took office, the federal government spent a total 2,978,440,000,000.00. Adjusted for inflation, that equals $3,211,717,910,000.00 in 2013 dollars. So, were the government to continue on its pace to spend $3,610,912,800,000.00 this year, then real federal spending in fiscal 2013 would be $399,194,890,000.00 more than it was in the last full fiscal year before Obama became president.
Congress would need to cut $399 billion this year to bring inflation-adjusted federal spending back to the level it was before Obama.
According to the CBO, the sequester that has now taken effect will cut only $44 billion from the money that was expected to be spent through the remainder of this fiscal year.
The Fed sez there is no recovery:
Fed, to Reassure Investors, Stresses It Will Not End Stimulus
http://www.nytimes.com/2013/03/18/business/economy/federal-reserve-expected-to-continue-stimulus-tries-to-reassure-investors.html?_r=0
Everybody but the shills agree ethanol is Bad:
Days of Promise Fade for Ethanol
http://www.nytimes.com/2013/03/17/us/17ethanol.html?ref=automobiles
Sometimes the NYTimes does report the news, years late.
In fact, the NYT did run an anti-ethanol article, front page, maybe ten years ago, debunking every excuse used to mandate its use, from “oxygenating gas for cleaner air” – fuel injected cars don’t use/need it and all cars have been fuel injected since 1983, “energy independence” – the stuff consumes more energy to produce than it yields, etc. etc. The article was ignored, even by the NYT’s own editorial board, and so on we’ve gone.
It’s all about the money, period, and in Washington, that trumps all.