Friday, March 04, 2005
Deficits Forever More
Analyst: Bush Budget Would Yield Deficit
This Neo-con did not think it was very important to try to contain budget deficits and slow the accumulation of national debt. No he thought it was more important to look like the good guy, and give people token tax breaks. But see he was the classic bait and switch salesman. Worse than Sears, oh wait, there is no Sears anymore, right, worse than Wal-Mart High Tech Appliance Division, or even Wal-Mart Electronics Division, or oh oh, I got it, worse than Wal-Mart Computer Division sales(wo)men.
Ok so the bait and switch, was that at the same time he plied us with a tax refund check, he was busy moving the tax burden off of the rich, off of his friends and on to our backs.
How did he pay for those tax breaks you ask? Well see it was a two pronged approach. First he would use the lack of money as an excuse to eliminate programs he didn't think his base liked, like that pesky Social Security program. Eh nothing but a socialist money pit anyways, we didn't need that crap. His other approach, and this is what really hurt kids, his other approach was to simply borrow from the future. Well the future came, and that is how we are where we are today. A shadow of our former glory, wholly owned by China and India, and Wal-Mart High Tech Appliance Division.
See our national debt got so high that we could no longer honor our commitments, and default was the new word of the age. All because one neo-con (and his cronies) thought he could hide the true cost of his scheme from us all long enough to exit stage-right.
He did it, he did it kids, and the moral of the story is, never be so greedy and selfish that you lose sight of your MORALS.
"President Bush's budget would keep federal deficits over $200 billion annually over the next decade, Congress' top budget analyst said Friday in a report raising doubts about White House efforts to contain the shortfalls.Come little children, let me tell you a story about America. It was back at the turn of the century when we had a conservative president that was anything but. He was what we would come to call a Neo-conservative, or just neo-con for short, or Neo-conman for long. But oh, I digress.
The analysis by the nonpartisan Congressional Budget Office said Bush's plans for spending and taxes would yield deficits through the decade ending in 2015 totaling $2.58 trillion. That is $1.6 trillion worse than they would be if none of the president's fiscal plans become law, the budget office said, the chief factor being his plan to make already enacted tax cuts permanent."
This Neo-con did not think it was very important to try to contain budget deficits and slow the accumulation of national debt. No he thought it was more important to look like the good guy, and give people token tax breaks. But see he was the classic bait and switch salesman. Worse than Sears, oh wait, there is no Sears anymore, right, worse than Wal-Mart High Tech Appliance Division, or even Wal-Mart Electronics Division, or oh oh, I got it, worse than Wal-Mart Computer Division sales(wo)men.
Ok so the bait and switch, was that at the same time he plied us with a tax refund check, he was busy moving the tax burden off of the rich, off of his friends and on to our backs.
How did he pay for those tax breaks you ask? Well see it was a two pronged approach. First he would use the lack of money as an excuse to eliminate programs he didn't think his base liked, like that pesky Social Security program. Eh nothing but a socialist money pit anyways, we didn't need that crap. His other approach, and this is what really hurt kids, his other approach was to simply borrow from the future. Well the future came, and that is how we are where we are today. A shadow of our former glory, wholly owned by China and India, and Wal-Mart High Tech Appliance Division.
See our national debt got so high that we could no longer honor our commitments, and default was the new word of the age. All because one neo-con (and his cronies) thought he could hide the true cost of his scheme from us all long enough to exit stage-right.
He did it, he did it kids, and the moral of the story is, never be so greedy and selfish that you lose sight of your MORALS.
posted by digitaljay @ 10:24 PM MST
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