Federal Budget Deficit Swells, amid record revenues

[Cancel 2016.2]

I think these economic times will probably require a new term to describe them.

Catch up old timer.... Desh already took care of that...

 

[uscitizen]

The recession happened because the Y2K bug was blown out of proportion. Tech jobs began to become more scarce in 2000. I don't need some damn graph to tell me that either or some expert to tell me. It's the way things happened. We got a huge tech boom in the 90's because of the Internet and then also the Y2K bug. We can point at a president and blame this one or that, but the reality was that the Y2K bug had a lot to do with it.

Yep that recession was entirely predictable and should have been expected.
Once Y2k was past all those billions poured into it were going to dry up.