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The Incredible Shrining Deficit
US News & World Report ^
| 2-12-2007
| James Pethokoukis
Posted on 02/12/2007 4:31:59 PM PST by DredTennis
It might be a bit cynical, not to mention premature, to call President Bush's new $2.9 trillion budget "dead on arrival." But the myriad proposals on everything from the Pentagon to the National Park Service are certainly going to be massaged a bit-mutilated in some cases, probably-by the new Democratic-controlled Congress. One thing you can bank on, though, is that when all is said and done, nixed and negotiated, Uncle Sam will still be in the red.
As the White House figures it, the federal government will be spending $244 billion more than it collects in 2007 (or about 1.8 percent of gross domestic product) and $239 billion in 2008 (or 1.6 percent of GDP). Still, those are hardly scary numbers for a $13.5 trillion economy. "The magnitude of the current deficit is nothing to be concerned about," says Jared Bernstein, an economist at the liberal Economic Policy Institute.
(Excerpt) Read more at usnews.com ...
TOPICS: Government; News/Current Events; Politics/Elections
KEYWORDS: shining; shrin; shriners; shrining
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To: DredTennis
Some are so upset by this, they have made appointments with their shrins.
2
posted on
02/12/2007 4:33:49 PM PST
by
coloradan
(Failing to protect the liberties of your enemies establishes precedents that will reach to yourself.)
To: DredTennis
Goody, another "Stuned Beeber" thead!
And may taxes be cut and the budget continue to shrin!
To: coloradan
4
posted on
02/12/2007 4:38:32 PM PST
by
Dog Gone
To: Dog Gone
To: DredTennis
"The Incredible Shrining Deficit"
Yes, enshrining the deficit... Liberals/lefties, you are getting what you demand, and along with that, an acceptable (though still somewhat deficient for the near future) military budget is being passed. And with enough debt, we'll see as to how many family-busting programs the next left/liberal president will be able to pass. We'll talk plenty about debt, when the Democrat corporates are in power again.
Nya nya nya nya nya! Pay homage to your deficit shrine and learn to cut busy-body social programs by suffering with what you asked for.
Or if you really want to cut the debt, nominate Newt!
6
posted on
02/12/2007 4:43:55 PM PST
by
familyop
To: Dog Gone
Shriners are doing the budget now?
7
posted on
02/12/2007 4:44:25 PM PST
by
Rennes Templar
("The future ain't what it used to be".........Yogi Berra)
To: Rennes Templar
They're the only folks we can trust.
8
posted on
02/12/2007 4:50:27 PM PST
by
Dog Gone
To: DredTennis
All your funny little cars are belong to us!
9
posted on
02/12/2007 4:50:46 PM PST
by
Egon
("If all your friends were named Cliff, would you jump off them??" - Hugh Neutron)
To: DredTennis
10
posted on
02/12/2007 4:51:31 PM PST
by
RockinRight
(When Chuck Norris goes to bed at night, he checks under the bed for Jack Bauer.)
To: Rennes Templar
I dont know.... might be an improvement.
To: DredTennis
Please avoid duplicate posts by not changing the headline.
I joke, I joke.
12
posted on
02/12/2007 5:00:43 PM PST
by
CzarNicky
(The problem with bad ideas is that they seemed like good ideas at the time.)
To: DredTennis
Wasn't Jack Nicholson in that movie?
The Shrining..
13
posted on
02/12/2007 5:16:15 PM PST
by
Squidpup
(sheep have two speeds: 'grazing' and 'stampede')
To: Dog Gone
THEY'VE GOT FEZZESSSSSS!!!!!!!!!!!!
14
posted on
02/12/2007 5:17:41 PM PST
by
Experiment 6-2-6
(Admn Mods: tiny, malicious things that glare and gibber from dark corners.They have pins and dolls..)
To: Egon
Who would you rather have in charge of the House travel budget, these guys, or Nancy Pelosi?
15
posted on
02/12/2007 5:20:55 PM PST
by
Dog Gone
To: DredTennis
FR Lesson No 1. If you post with a misspelled title, you might as well not have posted at all.
16
posted on
02/12/2007 5:25:19 PM PST
by
William Terrell
(Individuals can exist without government but government can't exist without individuals.)
To: William Terrell
Unless you get the AdminModerator to fix it before anyone notices.
To: proxy_user
At some point, even we become powerless.
To: DredTennis
Don't worry. I posted a thread the other night "Whither Zot Threads" because I noticed a sudden dearth of zot threads.
Unfortunately my headline came out "Whiter Zot Threads".
Needless to say I heard about it.
19
posted on
02/12/2007 5:39:40 PM PST
by
groanup
(War is not the answer, victory is.)
To: groanup
I think I prefer this version of the thread ...gold! .. this is what I get for trying to post with a squirming baby on my lap
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