Posted on 10/14/2005 12:54:17 PM PDT by SierraWasp
Dropping Deficit Ping Thing!!!
Excellent.
It could be better, however, I don't want a surplus either. A surplus means the government took way too much money in.. It should be a 0
It is basically good news, but whoopdie-frickin'-doo, we still have a huge deficit because the aholes in DC don't know how to control their drunken sailor spending ways. And that's on BOTH sides of the aisle, friends. Why are we celebrating this? We should accept it as basically good news, then go hold their feet to the fire where this deficit is concerned.
This will burn the dim's butts! They hate the Reagan way!
It's Bush's fault.....er, nevermind.
What the Bush admin. is practicing is NOT Reaganomics... tax cuts AND spending limits balance budgets. Reagan had to deal with a Democratic Congress - Repubs control everything now. And over $130B in war spending is off budget, as well as various Katrina costs...
You can't get away with predicting huge deficits and declaring victory because the real deficit wasn't as big as the imaginary one.
Don't want to rain on the parade (hopefully it doesn't), but does this include all of the money promised for hurricane and other disaster relief. The drop cited is indeed substantial and calls for a few well earned "I told you so's" to those who oppose tax relief.
If this keeps up we'll have a balanced budget in 3 years.
So, when will Bush pay back the $3 trillion dollars??? I gues s he'll be gone by then...
Somebody should check to see if the shysters are misclassifying money borrowed from China as "revenue".
Um, you should know better than to believe the government's word on its financial condition by now. All sorts of nice big expenses moved off the books can indeed make it look like the deficit is dropping, but it ain't.
We are at War, and deficits are normal during times of War. Having said that, I agree that pork needs to be cut!
LLS
Note: not "citing a reduction in spending" by so-called "limited government" Republicans.
Unless spending is cut, "tax cuts" are simply deferred higher taxes (with interest) in the form of debt dumped on future generations without their permission.
What part of war-fighting do the bridges to nowhere and the "free" pills for greedy geezers vote-buying scams achieve?
Must be no fat left to cut in the budget, as Tom DeLay says.
And we are always "at war", because war is the health of the state.
"$319 billion in fiscal 2005, down $94 billion from the previous year's record. "
That's down 25%, IN ONE YEAR!
Yah, quite a feat if one leaves > $100B simply off the page!
Good, now if Bush and his Republican buddies in Congress could just control their lust for spending...
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