| Topic: |
Politics > Politics-USA |
| User: |
"Harry Hope" |
| Date: |
02 Dec 2003 09:18:36 AM |
| Object: |
Bush is sticking the next generation of Americans with a big fat debt |
From The Los Angeles Times, 12/1/03:
http://www.latimes.com/la-na-outlook1dec01,1,2367031.column
Snowballing Debt Awaits Tomorrow's Taxpayers
By Ronald Brownstein
Seniors with big prescription drug bills, health maintenance
organizations awaiting lucrative new subsidies, upper-middle-class
families anticipating a fat tax refund, and Iraqi cities expecting new
schools or hospitals all have reason to be thankful about President
Bush's extraordinary success at pushing his agenda through the
Republican-controlled Congress this year.
There may be less celebration among the young people who will inherit
the tab for these initiatives.
Bush is funding every penny of every one of these goodies by
increasing the national debt.
Which is another way of saying that he's sticking the bill to the next
generation.
The scale of the transfer is dizzying.
In just the last few months, Congress, at Bush's request, has doled
out $87 billion to rebuild and secure Iraq and Afghanistan;
approved a $401-billion defense appropriation bill, the largest ever;
completed a $1-trillion tax cut on top of the $1.35-trillion reduction
the president won in 2001;
and approved a Medicare prescription drug benefit that will cost at
least $400 billion over the next decade, probably more.
If the energy bill is revived next year, add to the list at least
another $26 billion in tax cuts for energy companies.
All of this, it's worth remembering, comes when the federal government
already faces its largest deficit ever -- some $374 billion last year,
$84 billion more than the previous record held by Bush's father,
George H.W. Bush.
Several reliable analysts project the federal deficit will soar past
$500 billion this year -- and then remain near that unprecedented
level for the indefinite future, even if the economy recovers.
It's an understatement to conclude, as the Goldman Sachs investment
bank did in a recent report, that the budget process in Washington is
"out of control."
Project this forward a few years and the fiscal strain on future
taxpayers could become excruciating.
By 2012, Bush's tax cuts would reduce federal revenue by almost $400
billion a year, according to calculations by Peter Orszag of the
Brookings Institution.
Even without the new prescription drug benefit, the swelling number of
seniors and the rising cost of care would push the annual bill for
Medicare past $500 billion by then, according to the Congressional
Budget Office.
The drug subsidy for seniors would add at least another $65 billion to
the tab.
The CBO says that by 2012, defense spending would approach $600
billion annually -- a number other analysts say understates the price
tag for Bush's long-term national security plans.
Then comes the final indignity for tomorrow's taxpayers: huge interest
payments on the debt the government is accumulating to finance this
binge.
When Bush took office, the CBO estimated Washington was on track to
eliminate the publicly held federal debt by 2008.
That meant federal interest payments on the debt, which were running
about $200 billion a year when Bush arrived, were expected to dwindle
to virtually nothing by the end of this decade.
Now, though, the latest estimates are that amid the economic slowdown
of the last two years, and all the new spending and tax cuts Bush has
pursued, the federal debt could soar to at least $7 trillion by
decade's end.
That means future taxpayers will have to pay at least $350 billion a
year to service that debt, precisely as they are shouldering big bills
for homeland security, defense and retiring the baby boom.
To call this behavior a breakdown of fiscal responsibility misses its
true nature.
This is a stunning abandonment of generational responsibility.
Washington is behaving like a father who steals his kid's credit card
and goes on a bender.
Individually, America's parents make sacrifices every day to provide
opportunities for their children; but collectively, the nation is now
pursuing precisely the opposite course -- indulging itself even at the
price of reducing opportunity for its children.
Is anyone speaking for the next generation?
At the national level, Democrats have condemned Bush's deficits and
highlighted the costs of his tax cut.
But they've undercut their credibility by repeatedly demanding more
spending on their favorite causes; it's telling that the principal
criticism from Democrats about the new Medicare bill is that it
doesn't spend enough to subsidize drugs for seniors.
Most Republicans are apparently hoping they can make these deficits
disappear by ignoring or discounting them; the noble exceptions are a
handful of true fiscal conservatives like Sens. John McCain (R-Ariz.)
and Charles Hagel (R-Neb.).
"There is a larger point to all of this," Hagel lamented after the
Senate approved the Medicare bill last week.
"Who is looking out for the future of the country?"
It's unrealistic to expect too many legislators to take that long
view.
Budget discipline is as much an unnatural act for Congress as refusing
campaign contributions; for legislators, the long run is always the
next election.
Only a determined president can prevent Washington from spending more
than it is willing to collect in taxes.
But Bush has led the U-turn from the policies that produced surpluses
for the three years immediately before he arrived.
The best case against Bush's budget policies comes from the arguments
he's made for his national security strategy.
Bush often defends his vision of preemptive defense by insisting
America must confront tough problems now so future generations won't
face them down the road.
Yet in his budget, Bush is creating enormous problems for future
generations by avoiding tough choices today.
By slashing taxes while he increases spending, Bush is governing as if
he is in the Matrix, where the laws of gravity don't apply.
But here in the real world, what goes up still comes down, which means
kids too young to protest today will pay dearly tomorrow for the
massive debts Bush is charging to their future.
__________________________________________________________
http://www.brillig.com/debt_clock/
U.S. NATIONAL DEBT CLOCK
The Outstanding Public Debt as of 02 Dec 2003 at 03:12:23 PM GMT is:
$6,949,701,717,139.55
The estimated population of the United States is 292,669,689
so each citizen's share of this debt is $23,745.89.
The National Debt has continued to increase an average of
$2.64 billion per day since September 30, 2003!
Harry
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| User: "Bert Hyman" |
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| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 09:21:11 AM |
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(Harry Hope) wrote in
news:7abpsv4f1ncbicpval570qlpno6b7omni7@4ax.com:
Snowballing Debt Awaits Tomorrow's Taxpayers
Just like the huge debts of the past saddle us today.
But I thought you guys LIKED big government.
--
Bert Hyman | St. Paul, MN |
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| User: "torresdD" |
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| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 11:43:07 AM |
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"Bert Hyman" <
Snowballing Debt Awaits Tomorrow's Taxpayers
Just like the huge debts of the past saddle us today.
But I thought you guys LIKED big government.
--
Bert Hyman | St. Paul, MN |
Yes, to provide a safety net for Americans, not Halliburton.
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| User: "Thomas Trust" |
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| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 05:41:48 PM |
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Funny how you liberals are all *concerned* over debt only during GOP
administrations......
And history will repeat itself, with a booming economy we'll see a reduction
in the deficit just as we did in Reagan's second term. In turn more focus
can be placed on debt.
.
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| User: "qwerty" |
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| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 08:14:15 PM |
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"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in Clinton's
Presidency. Funny your forgetting Clinton's deficit reduction act that
passed in 1994 without a single Republican vote.
And history will repeat itself, with a booming economy we'll see a
reduction
in the deficit just as we did in Reagan's second term.
What? There was a reduction in the deficit in Reagan's term?
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| User: "BW" |
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| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 08:24:21 PM |
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"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in Clinton's
Presidency.
No, we're not "forgetting" that at all, since the federal debt INCREASED
every single year Clinton was running the show. So much for your "Clinton
balanced budget" *****, you pathetic Democrat liar.....
.
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| User: "qwerty" |
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| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 08:31:44 PM |
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"BW" <bw4@verizon.net> wrote in message
news:pPbzb.8701$_M.34669@attbi_s54...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in Clinton's
Presidency.
No, we're not "forgetting" that at all, since the federal debt INCREASED
every single year Clinton was running the show.
Sorry, but Clinton produced numerous balanced budgets AND a surplus. Are
you saying Bush was lying when he referred to those surpluses as a reason
for the tax cuts?
So much for your "Clinton
balanced budget" *****, you pathetic Democrat liar.....
BS, yourself. Clinton produced balanced budgets, something Bush and the
Republicans have now failed miserably at!
.
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| User: "BW" |
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| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 08:38:45 PM |
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"qwerty" <nospam@all.noway.com> wrote in message
news:kWbzb.31201$Td3.18510@newssvr29.news.prodigy.com...
"BW" <bw4@verizon.net> wrote in message
news:pPbzb.8701$_M.34669@attbi_s54...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency.
No, we're not "forgetting" that at all, since the federal debt INCREASED
every single year Clinton was running the show.
Sorry, but Clinton produced numerous balanced budgets AND a surplus.
Nothing for you to apologize for, because Clinton never produced that. On
the contrary, the Federal Debt INCREASED every year Clinton was in charge.
.
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| User: "qwerty" |
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| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 09:22:27 PM |
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"BW" <bw4@verizon.net> wrote in message
news:V0czb.406188$Fm2.413788@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:kWbzb.31201$Td3.18510@newssvr29.news.prodigy.com...
"BW" <bw4@verizon.net> wrote in message
news:pPbzb.8701$_M.34669@attbi_s54...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during
GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency.
No, we're not "forgetting" that at all, since the federal debt
INCREASED
every single year Clinton was running the show.
Sorry, but Clinton produced numerous balanced budgets AND a surplus.
Nothing for you to apologize for, because Clinton never produced that. On
the contrary, the Federal Debt INCREASED every year Clinton was in charge.
"President Clinton announces another record budget surplus"
http://www.cnn.com/2000/ALLPOLITICS/stories/09/27/clinton.surplus/
"Clinton Announces $39 Billion Projected Budget Surplus'
http://www.cnn.com/ALLPOLITICS/1998/05/26/clinton.economy/
"PRESIDENT CLINTON:
THE LARGEST BUDGET SURPLUS AND DEBT PAY-DOWN IN HISTORY "
http://clinton3.nara.gov/WH/Work/102899.html
"PRESIDENT CLINTON AND VICE PRESIDENT GORE: FROM AN ERA OF DEFICITS TO AN
ERA OF SURPLUSES -- AN ESTIMATED BUDGET SURPLUS OF $39 BILLION IN 1998"
http://govinfo.library.unt.edu/npr/library/news/052698.html
.
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| User: "JoettaB" |
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| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
07 Dec 2003 05:38:52 AM |
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"qwerty" <nospam@all.noway.com> wrote in message
news:TFczb.31253$uA4.18994@newssvr29.news.prodigy.com...
"BW" <bw4@verizon.net> wrote in message
news:V0czb.406188$Fm2.413788@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:kWbzb.31201$Td3.18510@newssvr29.news.prodigy.com...
"BW" <bw4@verizon.net> wrote in message
news:pPbzb.8701$_M.34669@attbi_s54...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during
GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency.
No, we're not "forgetting" that at all, since the federal debt
INCREASED
every single year Clinton was running the show.
Sorry, but Clinton produced numerous balanced budgets AND a surplus.
Nothing for you to apologize for, because Clinton never produced that.
On
the contrary, the Federal Debt INCREASED every year Clinton was in
charge.
"President Clinton announces another record budget surplus"
http://www.cnn.com/2000/ALLPOLITICS/stories/09/27/clinton.surplus/
"Clinton Announces $39 Billion Projected Budget Surplus'
http://www.cnn.com/ALLPOLITICS/1998/05/26/clinton.economy/
"PRESIDENT CLINTON:
THE LARGEST BUDGET SURPLUS AND DEBT PAY-DOWN IN HISTORY "
http://clinton3.nara.gov/WH/Work/102899.html
"PRESIDENT CLINTON AND VICE PRESIDENT GORE: FROM AN ERA OF DEFICITS TO AN
ERA OF SURPLUSES -- AN ESTIMATED BUDGET SURPLUS OF $39 BILLION IN 1998"
http://govinfo.library.unt.edu/npr/library/news/052698.html
Give up. BW/Barbara Walker/Marie
A/Rene/Steamroller/DemsSuck/Demswhatevernegative/Deanwhatevernegative/et al
has been told this time and time again. Federal spending has increased every
year since 1951 or so. BUSH's federal spending makes the rest of them look
like nothing.
.
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| User: "BW" |
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| Title: Re: Bush is sticking it to the lying assholes in the Democrat Party |
02 Dec 2003 09:25:18 PM |
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"qwerty" <nospam@all.noway.com> wrote in message
news:TFczb.31253$uA4.18994@newssvr29.news.prodigy.com...
"BW" <bw4@verizon.net> wrote in message
news:V0czb.406188$Fm2.413788@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:kWbzb.31201$Td3.18510@newssvr29.news.prodigy.com...
"BW" <bw4@verizon.net> wrote in message
news:pPbzb.8701$_M.34669@attbi_s54...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during
GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency.
No, we're not "forgetting" that at all, since the federal debt
INCREASED
every single year Clinton was running the show.
Sorry, but Clinton produced numerous balanced budgets AND a surplus.
Nothing for you to apologize for, because Clinton never produced that.
On
the contrary, the Federal Debt INCREASED every year Clinton was in
charge.
"President Clinton announces another record budget surplus"
Clinton also famously announced that he "didn't have sex" with Monica
Lewinsky.
Then the DNA lab test results on her blue dress came in.....
.
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| User: "loaferboss" |
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| Title: Re: Bush is sticking it to the lying assholes in the DemocratParty |
02 Dec 2003 05:29:42 PM |
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in article yIczb.403275$Tr4.1161971@attbi_s03, BW at wrote
on 12/3/03 3:25 AM:
"qwerty" <nospam@all.noway.com> wrote in message
news:TFczb.31253$uA4.18994@newssvr29.news.prodigy.com...
"BW" < > wrote in message
news:V0czb.406188$Fm2.413788@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:kWbzb.31201$Td3.18510@newssvr29.news.prodigy.com...
"BW" < > wrote in message
news:pPbzb.8701$_M.34669@attbi_s54...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during
GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency.
No, we're not "forgetting" that at all, since the federal debt
INCREASED
every single year Clinton was running the show.
Sorry, but Clinton produced numerous balanced budgets AND a surplus.
Nothing for you to apologize for, because Clinton never produced that.
On
the contrary, the Federal Debt INCREASED every year Clinton was in
charge.
"President Clinton announces another record budget surplus"
Clinton also famously announced that he "didn't have sex" with Monica
Lewinsky.
Then the DNA lab test results on her blue dress came in.....
shill.
.
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| User: "JoettaB" |
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| Title: Re: Bush is sticking it to the lying assholes in the DemocratParty |
07 Dec 2003 05:39:51 AM |
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"loaferboss" <loaferboss@comcast.net> wrote in message
news:BBF2D0E5.C6A7%loaferboss@comcast.net...
in article yIczb.403275$Tr4.1161971@attbi_s03, BW at wrote
on 12/3/03 3:25 AM:
<snip>
Clinton also famously announced that he "didn't have sex" with Monica
Lewinsky.
Then the DNA lab test results on her blue dress came in.....
shill.
I heard it's jealousy. That BW offered Clinton a BJ, but he turned her down.
.
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| User: "caldem" |
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| Title: Re: Bush is sticking it to the lying assholes in the DemocratParty |
07 Dec 2003 02:49:57 AM |
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JoettaB wrote:
"loaferboss" <loaferboss@comcast.net> wrote in message
news:BBF2D0E5.C6A7%loaferboss@comcast.net...
in article yIczb.403275$Tr4.1161971@attbi_s03, BW at wrote
on 12/3/03 3:25 AM:
<snip>
Clinton also famously announced that he "didn't have sex" with Monica
Lewinsky.
Then the DNA lab test results on her blue dress came in.....
shill.
I heard it's jealousy. That BW offered Clinton a BJ, but he turned her down.
only a freak would hang on to that dress... there were so many GOP
prosecutors running around Clinton who could keep track of what? Fucking
Dubya would collapse on a pretzel with all this attention. Total GOP
witch hunt on Clinton, they couldn't stand a dem in office. Any
Republican that would say different now is an idiot or a sheep.
.
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| User: "JoettaB" |
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| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
07 Dec 2003 05:36:42 AM |
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"BW" <bw4@verizon.net> wrote in message
news:V0czb.406188$Fm2.413788@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:kWbzb.31201$Td3.18510@newssvr29.news.prodigy.com...
"BW" <bw4@verizon.net> wrote in message
news:pPbzb.8701$_M.34669@attbi_s54...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during
GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency.
No, we're not "forgetting" that at all, since the federal debt
INCREASED
every single year Clinton was running the show.
Sorry, but Clinton produced numerous balanced budgets AND a surplus.
Nothing for you to apologize for, because Clinton never produced that. On
the contrary, the Federal Debt INCREASED every year Clinton was in charge.
It has increased EVERY year since 1951, twit. But, take a gander at HOW MUCH
it's increased since BUSH came into office. Lord almighty!
.
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| User: "Bryan" |
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| Title: Re: Bush is sticking the next generation of Americans with a bigfat debt |
02 Dec 2003 10:48:18 PM |
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qwerty wrote:
"BW" <bw4@verizon.net> wrote in message
news:pPbzb.8701$_M.34669@attbi_s54...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in Clinton's
Presidency.
No, we're not "forgetting" that at all, since the federal debt INCREASED
every single year Clinton was running the show.
Sorry, but Clinton produced numerous balanced budgets AND a surplus. Are
you saying Bush was lying when he referred to those surpluses as a reason
for the tax cuts?
Get it straight. What Clinton accomplished fiscally was provided him by
the Congress, which happened to be Republican majority. Fact! It is
Congress that raises taxes and spends taxes, not the President.
So much for your "Clinton
balanced budget" *****, you pathetic Democrat liar.....
BS, yourself. Clinton produced balanced budgets, something Bush and the
Republicans have now failed miserably at!
Again... garbage! The Republicans were in command of the House for the
first time in 40 years, and (frankly) thanks to the Democrat poster boy
for hatred - Newt Gingrich, we were able to see real fiscal
responsibility placed within the field of view of our economy.
Yes, the last part of your statement is correct... the spending has
gotten out of hand during this Congress (also Republican), but consider
that Clinton was primarily at war with the actions of his cigar, while
President Bush has fought 2 wars, and responded to an economic crisis as
a fallout of Sept 11, 2001.
.
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| User: "Thomas Trust" |
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| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 08:51:20 PM |
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"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in Clinton's
Presidency. Funny your forgetting Clinton's deficit reduction act that
passed in 1994 without a single Republican vote.
Funny how you forget that the GOP held Clinton's feet to the fire regarding
deficit spending and budgets...... (Clinton) "We can balance the budget in
10 years, er no, 9 years, er no, 8 years, er no, 7 years...." Forget about
Hillary Health Care that would have ballooned budgets and encompassed 17% of
the nation's economy did 'ya?
And history will repeat itself, with a booming economy we'll see a
reduction
in the deficit just as we did in Reagan's second term.
What? There was a reduction in the deficit in Reagan's term?
Yes, when Reagan's policies took up a full head of steam, the deficit went
down, WAY down. Peaking at $221 billion in 1986, the deficit was down to
$155 billion Reagan's last year in office and continued downward to $152
billion in 1989 (Reagan's last budget).
Check out Congressional Budget Office and Office of Budget and Management
numbers for reference.
.
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| User: "BW" |
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| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 09:03:19 PM |
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"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:Icczb.406320$Fm2.414353@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in Clinton's
Presidency. Funny your forgetting Clinton's deficit reduction act that
passed in 1994 without a single Republican vote.
Funny how you forget that the GOP held Clinton's feet to the fire
regarding
deficit spending and budgets...... (Clinton) "We can balance the budget
in
10 years, er no, 9 years, er no, 8 years, er no, 7 years...."
That's because our little "qwerty" is a lying Democrat *****, Tom.
.
|
|
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| User: "qwerty" |
|
| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 09:17:36 PM |
|
|
"BW" <bw4@verizon.net> wrote in message
news:Xnczb.403099$Tr4.1160990@attbi_s03...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:Icczb.406320$Fm2.414353@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency. Funny your forgetting Clinton's deficit reduction act
that
passed in 1994 without a single Republican vote.
Funny how you forget that the GOP held Clinton's feet to the fire
regarding
deficit spending and budgets...... (Clinton) "We can balance the budget
in
10 years, er no, 9 years, er no, 8 years, er no, 7 years...."
That's because our little "qwerty" is a lying Democrat *****, Tom.
What lie? BTW, why aren't Republican holding Bush's feet to the fire
regarding deficit spending & budgets?
.
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| User: "BW" |
|
| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 09:20:38 PM |
|
|
"qwerty" <nospam@all.noway.com> wrote in message
news:kBczb.31249$xr4.9574@newssvr29.news.prodigy.com...
"BW" <bw4@verizon.net> wrote in message
news:Xnczb.403099$Tr4.1160990@attbi_s03...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:Icczb.406320$Fm2.414353@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during
GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency. Funny your forgetting Clinton's deficit reduction act
that
passed in 1994 without a single Republican vote.
Funny how you forget that the GOP held Clinton's feet to the fire
regarding
deficit spending and budgets...... (Clinton) "We can balance the
budget
in
10 years, er no, 9 years, er no, 8 years, er no, 7 years...."
That's because our little "qwerty" is a lying Democrat *****, Tom.
What lie?
The lying Demmie ***** "qwerty" actually tried to claim that Clinton
"balanced the budget", yet Clinton INCREASED the federal debt EVERY SINGLE
YEAR HE WAS IN CHARGE!
http://www.publicdebt.treas.gov/opd/opdpenny.htm
Check it out, pal.
.
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| User: "none of the above" |
|
| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 10:18:50 PM |
|
|
"BW" <bw4@verizon.net> wrote in message
news:aEczb.206420$Dw6.756951@attbi_s02...
"qwerty" <nospam@all.noway.com> wrote in message
news:kBczb.31249$xr4.9574@newssvr29.news.prodigy.com...
"BW" <bw4@verizon.net> wrote in message
news:Xnczb.403099$Tr4.1160990@attbi_s03...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:Icczb.406320$Fm2.414353@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during
GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency. Funny your forgetting Clinton's deficit reduction act
that
passed in 1994 without a single Republican vote.
Funny how you forget that the GOP held Clinton's feet to the fire
regarding
deficit spending and budgets...... (Clinton) "We can balance the
budget
in
10 years, er no, 9 years, er no, 8 years, er no, 7 years...."
That's because our little "qwerty" is a lying Democrat *****, Tom.
What lie?
The lying Demmie ***** "qwerty" actually tried to claim that Clinton
"balanced the budget", yet Clinton INCREASED the federal debt EVERY SINGLE
YEAR HE WAS IN CHARGE!
http://www.publicdebt.treas.gov/opd/opdpenny.htm
Check it out, pal.
OK, BW-PPUO, where did this surplus that Republicans and Democrats were
arguing about in the Tax cut debates of 2001 come from? What do you think
balancing the budget means? Of course you won't answer this because you are
ignorant when it comes to economics. One more question, according to the
site above, the debt dropped about 14 billion between 11/28/03 and 12/1/03.
How does the ever growing debt suddenly decrease by 14 billion in three
days. One might think that Bush has actually decreased the debt.
.
|
|
|
| User: "Bryan" |
|
| Title: Re: Bush is sticking the next generation of Americans with a bigfat debt |
02 Dec 2003 11:03:34 PM |
|
|
none of the above wrote:
"BW" <bw4@verizon.net> wrote in message
news:aEczb.206420$Dw6.756951@attbi_s02...
"qwerty" <nospam@all.noway.com> wrote in message
news:kBczb.31249$xr4.9574@newssvr29.news.prodigy.com...
"BW" <bw4@verizon.net> wrote in message
news:Xnczb.403099$Tr4.1160990@attbi_s03...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:Icczb.406320$Fm2.414353@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during
GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency. Funny your forgetting Clinton's deficit reduction act
that
passed in 1994 without a single Republican vote.
Funny how you forget that the GOP held Clinton's feet to the fire
regarding
deficit spending and budgets...... (Clinton) "We can balance the
budget
in
10 years, er no, 9 years, er no, 8 years, er no, 7 years...."
That's because our little "qwerty" is a lying Democrat *****, Tom.
What lie?
The lying Demmie ***** "qwerty" actually tried to claim that Clinton
"balanced the budget", yet Clinton INCREASED the federal debt EVERY SINGLE
YEAR HE WAS IN CHARGE!
http://www.publicdebt.treas.gov/opd/opdpenny.htm
Check it out, pal.
OK, BW-PPUO, where did this surplus that Republicans and Democrats were
arguing about in the Tax cut debates of 2001 come from? What do you think
balancing the budget means? Of course you won't answer this because you are
ignorant when it comes to economics. One more question, according to the
site above, the debt dropped about 14 billion between 11/28/03 and 12/1/03.
How does the ever growing debt suddenly decrease by 14 billion in three
days. One might think that Bush has actually decreased the debt.
On the off-chance that you might be ignorant of the Constitution - it is
the Congress that manages the budget. It is Congress that has the
authority to tax and spend. It is at the hand of Newt Gingrich and his
band of much hated Republicans that provided that economy that Clinton
had a right to also claim ownership of.
If Bush could "reduce the debt", we'd call him a Congressman instead of
President.
.
|
|
|
| User: "none of the above" |
|
| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
03 Dec 2003 06:34:53 AM |
|
|
The lying Demmie ***** "qwerty" actually tried to claim that Clinton
"balanced the budget", yet Clinton INCREASED the federal debt EVERY
SINGLE
YEAR HE WAS IN CHARGE!
http://www.publicdebt.treas.gov/opd/opdpenny.htm
Check it out, pal.
OK, BW-PPUO, where did this surplus that Republicans and Democrats were
arguing about in the Tax cut debates of 2001 come from? What do you
think
balancing the budget means? Of course you won't answer this because you
are
ignorant when it comes to economics. One more question, according to the
site above, the debt dropped about 14 billion between 11/28/03 and
12/1/03.
How does the ever growing debt suddenly decrease by 14 billion in three
days. One might think that Bush has actually decreased the debt.
On the off-chance that you might be ignorant of the Constitution - it is
the Congress that manages the budget. It is Congress that has the
authority to tax and spend. It is at the hand of Newt Gingrich and his
band of much hated Republicans that provided that economy that Clinton
had a right to also claim ownership of.
If Bush could "reduce the debt", we'd call him a Congressman instead of
President.
On the of-chance that you might be ignorant of Politics in the Good old US,
Presidents present Budgets. Anyone not sleeping through High School Civics,
back in the days when they had High School Civics, know that Congress, the
House specifically, *originates* spending bills. The Senate can kill the
spending bills like this years "Energy Bill". Should the Senate pass the
spending bills the President still gets to veto the bill. Congress does not
*manage* the budget, the Executive Branch does that once the Congress passes
one.
My post however was not intended to be a civics lesson. I, unlike most of
the political and economic illiterates that post in this group, have a
pretty good grasp on the workings of Government and the American Economy.
That is, however, irrelevant. The chorus of Bush sycophants have called
this economic dry spot we may or may not be recovering from, the Clinton
Recession. In politics, the President is held - rightly or wrongly -
responsible for the Economy. Candidates campaign on their proposals for the
American Economy. So your technical point that Congress originates spending
bills or laws is true but irrelevant to the current thread. Can you answer
the questions that I posed in the post of which you felt the need to respond
and BW will ignore?
I like you last suggestion however, I think Congressman George W. Bush,
sounds real good.
.
|
|
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|
| User: "Rico" |
|
| Title: Re: Bush is sticking the next generation of Americans with a bigfat debt |
04 Dec 2003 02:55:55 PM |
|
|
In article <G8ezb.401205$HS4.3245221@attbi_s01>, Bryan <Bryan@news.net> wrote:
none of the above wrote:
"BW" <bw4@verizon.net> wrote in message
news:aEczb.206420$Dw6.756951@attbi_s02...
"qwerty" <nospam@all.noway.com> wrote in message
news:kBczb.31249$xr4.9574@newssvr29.news.prodigy.com...
"BW" <bw4@verizon.net> wrote in message
news:Xnczb.403099$Tr4.1160990@attbi_s03...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:Icczb.406320$Fm2.414353@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during
GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency. Funny your forgetting Clinton's deficit reduction act
that
passed in 1994 without a single Republican vote.
Funny how you forget that the GOP held Clinton's feet to the fire
regarding
deficit spending and budgets...... (Clinton) "We can balance the
budget
in
10 years, er no, 9 years, er no, 8 years, er no, 7 years...."
That's because our little "qwerty" is a lying Democrat *****, Tom.
What lie?
The lying Demmie ***** "qwerty" actually tried to claim that Clinton
"balanced the budget", yet Clinton INCREASED the federal debt EVERY SINGLE
YEAR HE WAS IN CHARGE!
http://www.publicdebt.treas.gov/opd/opdpenny.htm
Check it out, pal.
OK, BW-PPUO, where did this surplus that Republicans and Democrats were
arguing about in the Tax cut debates of 2001 come from? What do you think
balancing the budget means? Of course you won't answer this because you are
ignorant when it comes to economics. One more question, according to the
site above, the debt dropped about 14 billion between 11/28/03 and 12/1/03.
How does the ever growing debt suddenly decrease by 14 billion in three
days. One might think that Bush has actually decreased the debt.
On the off-chance that you might be ignorant of the Constitution - it is
the Congress that manages the budget. It is Congress that has the
authority to tax and spend. It is at the hand of Newt Gingrich and his
band of much hated Republicans that provided that economy that Clinton
had a right to also claim ownership of.
If Bush could "reduce the debt", we'd call him a Congressman instead of
President.
Are you really as ignorant of the actual budget process as your posts
indicate or is this just a show?
.
|
|
|
| User: "Bryan" |
|
| Title: Re: Bush is sticking the next generation of Americans with a bigfat debt |
04 Dec 2003 10:46:32 PM |
|
|
Rico wrote:
In article <G8ezb.401205$HS4.3245221@attbi_s01>, Bryan <Bryan@news.net> wrote:
none of the above wrote:
"BW" <bw4@verizon.net> wrote in message
news:aEczb.206420$Dw6.756951@attbi_s02...
"qwerty" <nospam@all.noway.com> wrote in message
news:kBczb.31249$xr4.9574@newssvr29.news.prodigy.com...
"BW" <bw4@verizon.net> wrote in message
news:Xnczb.403099$Tr4.1160990@attbi_s03...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:Icczb.406320$Fm2.414353@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during
GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency. Funny your forgetting Clinton's deficit reduction act
that
passed in 1994 without a single Republican vote.
Funny how you forget that the GOP held Clinton's feet to the fire
regarding
deficit spending and budgets...... (Clinton) "We can balance the
budget
in
10 years, er no, 9 years, er no, 8 years, er no, 7 years...."
That's because our little "qwerty" is a lying Democrat *****, Tom.
What lie?
The lying Demmie ***** "qwerty" actually tried to claim that Clinton
"balanced the budget", yet Clinton INCREASED the federal debt EVERY SINGLE
YEAR HE WAS IN CHARGE!
http://www.publicdebt.treas.gov/opd/opdpenny.htm
Check it out, pal.
OK, BW-PPUO, where did this surplus that Republicans and Democrats were
arguing about in the Tax cut debates of 2001 come from? What do you think
balancing the budget means? Of course you won't answer this because you are
ignorant when it comes to economics. One more question, according to the
site above, the debt dropped about 14 billion between 11/28/03 and 12/1/03.
How does the ever growing debt suddenly decrease by 14 billion in three
days. One might think that Bush has actually decreased the debt.
On the off-chance that you might be ignorant of the Constitution - it is
the Congress that manages the budget. It is Congress that has the
authority to tax and spend. It is at the hand of Newt Gingrich and his
band of much hated Republicans that provided that economy that Clinton
had a right to also claim ownership of.
If Bush could "reduce the debt", we'd call him a Congressman instead of
President.
Are you really as ignorant of the actual budget process as your posts
indicate or is this just a show?
Please enlighten us of these new powers of the Executive Branch. The
President endorses the budget, but Congress APPROVES the budget.
.
|
|
|
| User: "none of the above" |
|
| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
05 Dec 2003 02:22:12 AM |
|
|
"Bryan" <Bryan@news.net> wrote in message
news:I4Uzb.231565$Dw6.819093@attbi_s02...
Rico wrote:
In article <G8ezb.401205$HS4.3245221@attbi_s01>, Bryan <Bryan@news.net>
wrote:
none of the above wrote:
OK, BW-PPUO, where did this surplus that Republicans and Democrats were
arguing about in the Tax cut debates of 2001 come from? What do you
think
balancing the budget means? Of course you won't answer this because
you are
ignorant when it comes to economics. One more question, according to
the
site above, the debt dropped about 14 billion between 11/28/03 and
12/1/03.
How does the ever growing debt suddenly decrease by 14 billion in three
days. One might think that Bush has actually decreased the debt.
On the off-chance that you might be ignorant of the Constitution - it is
the Congress that manages the budget. It is Congress that has the
authority to tax and spend. It is at the hand of Newt Gingrich and his
band of much hated Republicans that provided that economy that Clinton
had a right to also claim ownership of.
If Bush could "reduce the debt", we'd call him a Congressman instead of
President.
Are you really as ignorant of the actual budget process as your posts
indicate or is this just a show?
Please enlighten us of these new powers of the Executive Branch. The
President endorses the budget, but Congress APPROVES the budget.
The Budget is a spending instrument, thus must have the approval of both the
Legislative and Executive Branch. The role of the House is to *originate*
spending bills. Those bills then go to the Senate. When the Senate version
and the House version are reconciled it goes to the President for his
signature, making it law, or veto.
The famous Clinton-Gingrich budget wars demonstrate the process.
.
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|
|
|
|
|
|
|
| User: "Clarissa" |
|
| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 09:37:54 PM |
|
|
"BW" <bw4@verizon.net> wrote in message
news:Xnczb.403099$Tr4.1160990@attbi_s03...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:Icczb.406320$Fm2.414353@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency. Funny your forgetting Clinton's deficit reduction act
that
passed in 1994 without a single Republican vote.
Funny how you forget that the GOP held Clinton's feet to the fire
regarding
deficit spending and budgets...... (Clinton) "We can balance the budget
in
10 years, er no, 9 years, er no, 8 years, er no, 7 years...."
Quirty:Most people who post on this news group know BW lies and is nasty.
BW--does it stand for Bu$h Worshiper? or maybe an other name for toilet
paper?
If you want to look for the truth--read John Slade. He is much more
educated.
BW is probably a kid who is getting too much "time out" for being bad and
his Mommy doesn't know he has the computer turned on. CF
.
|
|
|
|
|
| User: "qwerty" |
|
| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 09:25:07 PM |
|
|
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:Icczb.406320$Fm2.414353@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in Clinton's
Presidency. Funny your forgetting Clinton's deficit reduction act that
passed in 1994 without a single Republican vote.
Funny how you forget that the GOP held Clinton's feet to the fire
regarding
deficit spending and budgets...... (Clinton) "We can balance the budget
in
10 years, er no, 9 years, er no, 8 years, er no, 7 years...." Forget
about
Hillary Health Care that would have ballooned budgets and encompassed 17%
of
the nation's economy did 'ya?
And history will repeat itself, with a booming economy we'll see a
reduction
in the deficit just as we did in Reagan's second term.
What? There was a reduction in the deficit in Reagan's term?
Yes, when Reagan's policies took up a full head of steam, the deficit went
down, WAY down. Peaking at $221 billion in 1986, the deficit was down to
$155 billion Reagan's last year in office and continued downward to $152
billion in 1989 (Reagan's last budget).
Check out Congressional Budget Office and Office of Budget and Management
numbers for reference.
Well then you can provide your cites please.....
.
|
|
|
| User: "Thomas Trust" |
|
| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
02 Dec 2003 10:24:31 PM |
|
|
"qwerty" <nospam@all.noway.com> wrote in message
news:nIczb.31254$Ec4.6045@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:Icczb.406320$Fm2.414353@attbi_s04...
"qwerty" <nospam@all.noway.com> wrote in message
news:XFbzb.31195$G%2.22861@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:0r9zb.204585$Dw6.749033@attbi_s02...
Funny how you liberals are all *concerned* over debt only during GOP
administrations......
Funny you're forgetting the balanced budgets and surpluses in
Clinton's
Presidency. Funny your forgetting Clinton's deficit reduction act
that
passed in 1994 without a single Republican vote.
Funny how you forget that the GOP held Clinton's feet to the fire
regarding
deficit spending and budgets...... (Clinton) "We can balance the budget
in
10 years, er no, 9 years, er no, 8 years, er no, 7 years...." Forget
about
Hillary Health Care that would have ballooned budgets and encompassed
17%
of
the nation's economy did 'ya?
And history will repeat itself, with a booming economy we'll see a
reduction
in the deficit just as we did in Reagan's second term.
What? There was a reduction in the deficit in Reagan's term?
Yes, when Reagan's policies took up a full head of steam, the deficit
went
down, WAY down. Peaking at $221 billion in 1986, the deficit was down
to
$155 billion Reagan's last year in office and continued downward to $152
billion in 1989 (Reagan's last budget).
Check out Congressional Budget Office and Office of Budget and
Management
numbers for reference.
Well then you can provide your cites please.....
Wow, what you should have known before you ignorantly spewed, you're now
asking me to provide........
http://www.cbo.gov/showdoc.cfm?index=1821&sequence=0
.
|
|
|
| User: "Josh Rosenbluth" |
|
| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
04 Dec 2003 02:07:28 PM |
|
|
"Thomas Trust" <Trust@Americanpride.com> wrote in message news:<3Adzb.407144$Fm2.415060@attbi_s04>...
"qwerty" <nospam@all.noway.com> wrote in message
news:nIczb.31254$Ec4.6045@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:Icczb.406320$Fm2.414353@attbi_s04...
Yes, when Reagan's policies took up a full head of steam, the deficit
went
down, WAY down. Peaking at $221 billion in 1986, the deficit was down
to
$155 billion Reagan's last year in office and continued downward to $152
billion in 1989 (Reagan's last budget).
Check out Congressional Budget Office and Office of Budget and
Management
numbers for reference.
Well then you can provide your cites please.....
Wow, what you should have known before you ignorantly spewed, you're now
asking me to provide........
http://www.cbo.gov/showdoc.cfm?index=1821&sequence=0
The argument that Reagan should be credited with reducing deficits is
roughly equivalent to the following:
You take over a job in which your predecessor had done badly. In your
first 5 years on the job, you make things much worse. In the next 3
years, things improve compared to the first 5 years, but are still
worse than when you took over. You walk into your bosses office and
demand a raise showing him how much things have improved the last 3
years.
In short, total BS.
Josh Rosenbluth
.
|
|
|
| User: "Thomas Trust" |
|
| Title: Re: Bush is sticking the next generation of Americans with a big fat debt |
04 Dec 2003 02:49:10 PM |
|
|
"Josh Rosenbluth" <jrosenbluth@att.com> wrote in message
news:d735d9de.0312041207.45f052b6@posting.google.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
news:<3Adzb.407144$Fm2.415060@attbi_s04>...
"qwerty" <nospam@all.noway.com> wrote in message
news:nIczb.31254$Ec4.6045@newssvr29.news.prodigy.com...
"Thomas Trust" <Trust@Americanpride.com> wrote in message
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Yes, when Reagan's policies took up a full head of steam, the
deficit
went
down, WAY down. Peaking at $221 billion in 1986, the deficit was
down
to
$155 billion Reagan's last year in office and continued downward to
$152
billion in 1989 (Reagan's last budget).
Check out Congressional Budget Office and Office of Budget and
Management
numbers for reference.
Well then you can provide your cites please.....
Wow, what you should have known before you ignorantly spewed, you're now
asking me to provide........
http://www.cbo.gov/showdoc.cfm?index=1821&sequence=0
The argument that Reagan should be credited with reducing deficits is
roughly equivalent to the following:
You take over a job in which your predecessor had done badly. In your
first 5 years on the job, you make things much worse. In the next 3
years, things improve compared to the first 5 years, but are still
worse than when you took over. You walk into your bosses office and
demand a raise showing him how much things have improved the last 3
years.
Invalid. You totally ignore just how much better things were under Reagan
as compared to Carter.
.
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