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Author Topic:   Budget Deficit Forecast cut by 100 Billion
Chiroptera
Inactive Member


Message 3 of 43 (223602)
07-13-2005 1:35 PM
Reply to: Message 1 by Tal
07-13-2005 1:18 PM


Wow! Only $333 billion deeper in debt! You're right, Tal, this is good news!

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 Message 1 by Tal, posted 07-13-2005 1:18 PM Tal has not replied

  
Chiroptera
Inactive Member


Message 5 of 43 (223615)
07-13-2005 3:11 PM
Reply to: Message 4 by Yaro
07-13-2005 1:55 PM


Remind me again, Yaro, didn't we used to have a president who could balance the budget?

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 Message 4 by Yaro, posted 07-13-2005 1:55 PM Yaro has not replied

  
Chiroptera
Inactive Member


Message 8 of 43 (223620)
07-13-2005 4:09 PM
Reply to: Message 7 by Tal
07-13-2005 4:04 PM


I'm sorry, Tal, but what good news are you talking about? Five years ago we had a balanced budget. Now we are adding $333 billion to the national debt. How does this indicate that the current administration's economic policies are a success?
Are you referring to the deficit being $100 billion less than originally projected? Well, I guess that it is good news that the administration hasn't screwed up quite as badly as originally thought.

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 Message 7 by Tal, posted 07-13-2005 4:04 PM Tal has not replied

Replies to this message:
 Message 11 by Monk, posted 07-13-2005 4:31 PM Chiroptera has replied

  
Chiroptera
Inactive Member


Message 13 of 43 (223637)
07-13-2005 5:32 PM
Reply to: Message 11 by Monk
07-13-2005 4:31 PM


Hello, Monk.
I guess I don't understand to what I am supposed to concede. The OP states that the current budget projections indicate a deficit that is about $100 billion less than originally projected. Tal indicates that this is a sign that Bush's tax cuts represent a successful policy. But surely you see that this could also be interpreted as an indication that Bush's policies are a failure, don't you? Here is a quote from the link Tal provided:
Bush's tax policies account for about two-thirds of the deficit, and are the chief reason Congress has had to raise the federal government's borrowing limit three times since Bush took office, Spratt said.
So it would appear that the tax cuts have made the deficit worse, and even if the the deficit will be $100 million less than originally thought, a reasonable interpretation is that a mistaken policy isn't going to make matters quite as bad as originally thought. The OP is such incredibly bad logic that I can't believe that you are trying to defend it.
Or perhaps I am misreading you. Perhaps you took offense at the sarcasm? Or that my comments were disparaging to our Great Leader (may he live forever)? Perhaps if I confined my sarcasm to insulting Tal rather than Bush you wouldn't have take offense?
Edited to fix some typos and awkward phrasing.
This message has been edited by Chiroptera, 13-Jul-2005 10:04 PM

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 Message 11 by Monk, posted 07-13-2005 4:31 PM Monk has replied

Replies to this message:
 Message 15 by Monk, posted 07-13-2005 9:14 PM Chiroptera has replied

  
Chiroptera
Inactive Member


Message 14 of 43 (223647)
07-13-2005 6:14 PM
Reply to: Message 2 by Jazzns
07-13-2005 1:25 PM


Re: Who is conservative?
quote:
greater government control over civil liberties
Actually, that part has always been part of the conservative agenda. I've always considered a part of the definition of "conservative".

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 Message 2 by Jazzns, posted 07-13-2005 1:25 PM Jazzns has not replied

Replies to this message:
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Chiroptera
Inactive Member


Message 17 of 43 (223684)
07-13-2005 9:42 PM
Reply to: Message 15 by Monk
07-13-2005 9:14 PM


Hi, Monk.
I guess I read a little more into the OP than just the $100 billion was good news.
Anyway, I may have joked around with you some before, but I've never meant anything as a personal insult. As long as everything is cool.
I suppose I should have written something a bit more substantial in my reply to the OP.

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Replies to this message:
 Message 18 by jar, posted 07-13-2005 10:01 PM Chiroptera has not replied
 Message 19 by Monk, posted 07-13-2005 10:11 PM Chiroptera has not replied

  
Chiroptera
Inactive Member


Message 29 of 43 (223799)
07-14-2005 4:59 PM
Reply to: Message 24 by Tal
07-14-2005 2:42 PM


Actually, a lot less than 1/4. Besides the deficit we still need an educational system that educates, we need housing for those in substandard housing (or even homeless), we need medical care available to those without insurance, we need a decent income for those unemployed and underemployed. A balanced budget doesn't even begin to address the disparity in wealth and living standards that exist in this country.

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 Message 24 by Tal, posted 07-14-2005 2:42 PM Tal has not replied

  
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