July 13 (Bloomberg) -- The Bush administration cut its estimate for this year's budget deficit to $333 billion from a forecast of $427 billion in February because job and income growth is boosting tax receipts faster than expected.
I helped scare an old person-I stopped someone from keeping more of their money-So what if people want to have say in the places they live and the cars that they drive-I gave money to an environmental group that helped keep us dependant on foreign oil-I help the enemies of democracy get stronger by telling them laws don’t matter-What if one day I need an abortion-Sex with an intern, everybody does it-I help teach kids around America that America is always wrong
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.
Riiiiight... it was totaly vital that his sex-life be revealed to the public. I'm not so sure I would be too eager to reveal my skeletons on national TV if I were the president either.
It is interesting to note that White Water proved spurrious in the end, and the investigation was fruitless:
Kenneth Starr's successor, Robert Ray, released a report in September of 2000 that stated "This office determined that the evidence was insufficient to prove to a jury beyond a reasonable doubt that either President or Mrs. Clinton knowingly participated in any criminal conduct." Ray's report effectively ended the Whitewater investigation.
from the wiki.
This message has been edited by Yaro, 07-13-2005 04:11 PM
Well, I guess that it is good news that the administration hasn't screwed up quite as badly as originally thought.
HaHa. That's somewhat close to a concession and is good as it ever gets in support of conservative viewpoints on this forum. You should be happy with this remark Tal. Of course, Chiroptera didn't post without sarcasm, still...
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
Your concession, which you qualified, is that the $100 Billion is good news. That's all. Stop there. It's good news.
Without saying what it should have been, who is responsible, how the deficit came to be reduced despite Bush's policies or what is wrong with everything else in the world and especially with what the hated Bush henchmen are doing today to destroy the world, there is a tiny, microscopic, ensy teeny, tidbit of fleeting good news about the budget. Just a smidgen.
Ok, it's gone now, back to Bush bashing.
BTW: No offense at all at the sarcasm, Holmes keeps me busy with that.