States Face $127 BILLION Budget Shortfall As Stimulus Dries Up

Image via CrunchBase

The budget bomb will hit next year - if the states and the feds don't get everyone's house in order, get your wheelbarrows ready for going to the grocery store, as inflation and interest rates will skyrocket because the printing presses will have to being rolling off sheets of "dolla, dolla bills" 24/7/365 to pay for all of this.

Read the Article at HuffingtonPost

David http://wyld-about-money.blogspot.com/

Related articles by Zemanta

• China May Inflation Rises, Industrial Growth Slows (abcnews.go.com)
• Real Canadian Superstore Workers in Thunder Bay Deliver Strong Strike Mandate (newswire.ca)
• Grocery Shopping on a Budget and Without a List (personalbudgeting.suite101.com)
• Fed to conduct first test auction of bank CDs (seattletimes.nwsource.com)
• Stimulus-Critic Rick Perry Only Able To Balance His State's Budget Because Of Stimulus (thinkprogress.org)
• Spartan Stores Announces Fourth-Quarter and Fiscal 2010 Financial Results (eon.businesswire.com)
• India inflation rate crosses 10% (news.bbc.co.uk)
• Trichet Says Rates 'Appropriate' as ECB Fights Crisis (Update1) (businessweek.com)
• Biz Brief: China Inflation Pushes Above 3% (dailyfinance.com)
• Economy in U.S. Slows as States Lose Federal Stimulus Funds (businessweek.com)

+++++++++++++++++++++++++++++++++++++++++