Just this morning U.S. Treasury Secretary Timothy Geithner said that Americans can’t let fear of future deficits stymie necessary government investment in projects needed to spur growth. Easy for him to say with many counties and cities (not to mention individuals) sinking into a black hole of deficit spending and cost cutting due to the continuing real estate woes, unemployment and increasing costs and expenses.
You might think that they printed this Time magazine cover last week but you would be wrong. Los Angeles was busy gearing up for the Olympics. What month and year is this magazine cover from?
See answer below-