Posted on 02/02/2004 12:52:47 PM PST by possible
Do you remember "Read my lips"? President George H. W. Bush was, arguably, defeated on the issue of credibility. He promised no new taxes, saying "Read my lips, no new taxes". And he broke the promise.
Although it doesn't involve a promise, President George W. Bush may be creating his own credibility problem. How serious will it get? Will it threaten his reelection? I don't know.
The Medicare prescription drug bill appears to be a classic case of false advertising. The bill was sold to the American people and congress with an advertised price. Now a few short weeeks later, the true price is admitted to be more than $130,000,000,000 higher. The increase in price alone is enough to create 130,000 millionaires!
The only "innocent" explanation I can think of is that some staff person somewhere did an extremely bad job of estimating the cost. Is this what happened? Will the American people believe it?
I suppose I'm old fashioned. I believe in accountability. If an employee of mine made a mistake of comparable magnitude, badly misestimating a contract for a customer, he'd be fired. And I'd be profusely apologizing to my customer.
From all appearances President Bush doesn't realize he has a credibility problem.
FY04 Proposal
|
Post-WWII Average (FY46 - FY02)
|
Clinton Budgets (FY94 FY01)
|
G.H.W. Bush Budgets (FY90 - FY93)
|
Reagan Budgets (FY82 - FY89)
|
|
Total Receipts as percent of GDP |
17.0%
|
17.9%
|
19.4%
|
17.7%
|
18.0%
|
Total outlays as percent of GDP |
19.7%
|
19.5%
|
19.6%
|
22.0%
|
22.3%
|
Deficit (-)/Surplus as percent of GDP |
-2.7%
|
-1.6%
|
-0.1%
|
-4.3%
|
-4.3%
|
Annual growth in total receipts (average % change from previous fiscal year, FY96 $) |
2.7%
|
2.9%
|
4.9%
|
0.5%
|
2.5%
|
Annual growth in total outlays (average % change from previous fiscal year, FY96 $) |
2.2%
|
2.3%
|
1.5%
|
1.9%
|
2.7%
|
Defense spending as a percent of total outlays |
17.5%
|
35.5%
|
17.1%
|
21.7%
|
26.7%
|
Non-defense discretionary spending as a percent of total outlays |
19.2%
|
19.4%*
|
17.6%
|
16.6%
|
17.1%
|
Net interest costs as percent of total outlays |
7.9%
|
10.5%*
|
13.9%
|
14.5%
|
13.2%
|
Other mandatory spending as a percent of total outlays |
55.4%
|
41.6%*
|
51.4%
|
46.2%
|
42.9%
|
Debt held by public at end of fiscal year as percent of GDP |
36.9%
|
44.0%
|
43.0%
|
46.3%
|
36.7%
|
Gross Debt at end of fiscal year as percentof GDP |
64.8%
|
56.2%
|
63.4%
|
61.8%
|
45.4%
|
* includes only data back to 1962 since the distinction between discretionary and mandatory began only in that year. |
Kerry was for an $800 billion drug plan and Kerry is for amnesty, something the Presidents proposal does not have.
Why did you leave Kerry out of your vanity.
Who's working for whom?
And if it had been Clinton who said "no new taxes" he would have spun his way out of it by saying, "My statement is factual. There are no new taxes. I only increased already existing taxes." And you would have every member of the DNC, liberal press, and every RAT in congress supporting his position.
You can put lipstick on a pig but its still a pig. Bush's plan is an amnesty any way you look at it. Purposeful exclusion of the word amnesty does not change the fact of what it is. An amnesty!
IMO, you are working for Kerry.
My concern is with credibility in the eyes of the American people. I fear President Bush has lost some.
Amnesty would include citizenship, which Bush's plan does not offer, although Kerry's does.
Why did you leave Kerry out of your vanity?
I agree that Kerry is far worse. I want Bush to be reelected. But I'm concerned about the credibility issue. Just maybe if we pay attention to the problem, something will get done about it. I'm not for burying my head in the sand.
Who's working for whom?
I'm a political realist. The choices are President Bush or (probaly) President Kerry. Of the two Bush is far better.
from the posted article:
"If an employee of mine made a mistake of comparable magnitude..he'd be fired."
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