Monthly Notes:
- Pentagon’s budget rose from $307B in 2001 to $529B in 2010… 72%
- Debt deal could subtract more than a percentage point from GDP next year
- July jobs: +154K private jobs, -37K public jobs… Yeah, Obama’s increasing the size of government alright
- TARP bail out cost more than 50 years of NASA put together
- When Romney was governor, Massachusetts was 47th in job growth
- 2,000 species moving away from the equator at a mile a year
- Texas needed $17B from the stimulus to balance its budget in 2009
- Texas has as many minimum wage jobs as Mississippi… Minimum wage jobs are created in Texas
- 25 of the 100 top paid CEOs earned more than their companies paid in taxes
- Many companies spend more on lobbying than in taxes
- Wartime Contracting Commission estimated that $31-60B was wasted in Iraq & Afghanistan
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