Where is the US economy headed?

Sacramento OKs Plan to
Close 'Tent City'
- Gov. Arnold Schwarzenegger said Wednesday he would try to find state money to help city officials relocate about 150 people from a homeless encampment that put California's capital in the international spotlight.

The governor said he had promised to help Mayor Kevin Johnson deal with the city's homelessness "without really knowing yet the whole issue and what we can do," but told Johnson: "I will be 100 percent behind you."
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Media outlets from around the world visited the collection of tents and tarpaulins after it was featured on "The Oprah Winfrey Show" last month. Many inaccurately portrayed the camp as home to a thousand or more refugees of the recession, forced to live outdoors after losing their jobs and savings.

But homeless advocates said the encampment had been there for years and was home to about 150 people, most of whom are part of the city's chronic homeless population.
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Schwarzenegger said Wednesday that homelessness is a chronic problem nationwide and "no one really has found the sweet spot yet" for a permanent solution. He said he delivered a letter to President Barack Obama last week asking him to accelerate $180 million from the federal stimulus package to help address homelessness in California. Sacramento was expected to receive $2.4 million.

It's funny how you talk about "power grab" after it's too late.

GOP says Obama budget threatens future prosperity
By WILL LESTER, Associated Press Writer Will Lester, Associated Press Writer 56 mins ago

WASHINGTON " Attacking President Barack Obama's grand spending plans, a GOP lawmaker who almost joined the Democrat's Cabinet said Saturday the U.S. must live within its means or risk its tradition of passing a more prosperous country from one generation to the next.

"We believe you create prosperity by having an affordable government that pursues its responsibilities without excessive costs, taxes or debt," Sen. Judd Gregg said in the Republican radio and Internet address.

Gregg, who accepted the job as commerce secretary but then withdrew his nomination because of "irresolvable conflicts" with Obama's policies, has become one of the toughest critics of Obama's handling of the economy.

"In the next five years, President Obama's budget will double the national debt. In the next 10 years, it will triple the national debt," said Gregg, R-N.H.

"His budget assumes the deficit will average $1 trillion every year for the next 10 years and will add well over $9 trillion in new debts to our children's backs," said Gregg, the top Republican on the Senate Budget Committee. "He also is proposing the largest tax increase in history, much of it aimed at taxing small business people who have been, over the years, the best job creators in our economy."

a Republican effort to study and critique this proposed legislation is indeed a public serviic

You appear to be merely repeating someone's talking points here. Given their numbers in the Congress the preparation of an alternate Republican budget would be a pointless exercise. Moreover, without the apparatus of the executive branch or even the majority staffs of the large committees in Congress, it would beyond their physical capabilities.

Given the disinclination of the Democrat majority to even read the fantastic legislation put before them before they vote to enact it, a Republican effort to study and critique this proposed legislation is indeed a public serviice.

Given the disinclination of the Democrat majority to even read the fantastic legislation put before them before
they vote to enact it, a Republican effort to study and critique this proposed legislation is indeed a public service.

Yes!

The Republicans need to step up and protect this nation because the Democrats are hell bent on destroying what's