I just don't get it
The past few days the Daily Sun had had lengthly articles about the dire situation in Florida's budget. The many proposals to fix the problem target mainly spending cuts in many areas with education looking like it may take the biggest hit. When spending cuts are imposed the results will be more and more people will be laid off, unemploy't will rise, less taxes will be collected and the recession will deepen. Then we hear more details of Pres elect Obama's plan today: in one breath "lower taxes and cut spending" and the next a massive spending program to get people back to work. So states like Florida and Calif are cutting spending by massive program cuts (my son just lost his job as a youth counselor in Calif) and somehow (I asume by printing more $$$$) the feds are going to rescue us from the recession by doing just the opposite) but still "cut spending and cut taxes". I'm so confused by the math in all of this "I just don't get it". How will the fed "cut spending and cut taxes.... and, implement a massive spending plan" at the same time?
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