>>Lew took umbrage at USA Todays contention in an opposing column there. Included in his collection of laughable claims were these howlers: Social Security does not cause our deficits, and Social Security benefits are entirely self-financing.
That was too much for Washington Post syndicated columnist Charles Krauthammer, who flung verbiage from Clinton-era reports issued by Lews own OMB back in his face:
listen to the OMBs own explanation (in the Clinton administration budget for fiscal 2000 under then-Director Jack Lew, the very same). The OMB explained that these trust fund balances are nothing more than a bookkeeping device. They do not consist of real economic assets that can be drawn down in the future to fund benefits.
In other words, the Social Security trust fund contains nothing.<<
I just love when Krauthammer does stuff like this.
History to a Cloward-Piven-Lew idiot is last Sunday’s NYT.
Jack Lew is nothing but a BANKSTER, getting rich on taxpayers’ money!!!!
obama, for all his populist posturing, is the puppet of the banksters and the Saudis. PHOOEY to him!!!!
...The Clinton administrations agreement with Congress early in his second term did balance the budget and generate surpluses for a few years, but Lews role appears to have been minimal. The key players in that drama were then-Congressman, now Ohio Governor John Kasich and House Speaker Newt Gingrich...
A lot of people, naturally frustrated with obama, cite clinton as a “good President”. But anything good about the clinton Administration is due to the efforts of one Newton Leroy Gingrich. clinton fought Newt Gingrich tooth and nail, but ultimately had to go along with his budget policies.
The efforts of many, many entrepreneurs in the private sector also helped clinton look good, creating the “boom of the 90s” without much help from the government.
clinton, who bombed the Bosnian Serbs and later all of Serbia, was actually an evil President who shilled for the muslims and did much to aid their vile cause of world domination. He paved the way for obama. PHOOEY to him!!!!
Our children and grandchildren will spit on his grave.
There has not been one $trillion dollar stimulus bill, there has been FOUR (so far)
They spent a trillion more than they had the first year Odumbass had been in office, and just kept spending rates at that level for the next 3 years- the equivalent of FOUR stimulus bills NONE OF WHICH HAVE WORKED.
THAT IS WHY THEY HAVE NOT DONE A BUDGET IN 4 YEARS!!!
Because if they did, they would have had to go back to the original baseline (2008 levels + baseline increases)
They just keep spending by ‘continuing resolution’. Republicans (and speaker Boner) ARE COMPLICIT
Apply for a government grant and get yours while the gettins’ good