Master Steam
Posted in Uncategorized on 08/18/2011 03:51 pm by adminMaster Steam
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| computer help |
Can anyone explain to me how we can be paying for this war, and have the deficit be decreasing?
I heard "Lil Bush" say this and I don't see how it's possible! How can the economy be growing, and the deficit be shrinking when we have a huge amount of debt hanging over our heads. Does China really own our house? If so, why is that ok with anyone!!! How can we be the most powerful country in the world when we don't own it??
I'm listening to him speak right now, and as far as Iraq questions, the man is a master of obfuscation! There are no periods in his sentences, it's like he gets lost in the rhetoric and can't find his way out until he just runs out of steam!
To be fair, he has made sense on other topics like Guantanamo, and Transportation tax dollars.
R8derMike - So we can just ignore that we have this debt because it's not in the budget? It should be in the budget!
regerugged - Sorry I didn't mean to cheat. The other questions were more rhetorical, than questions.
He doesn't calculate the cost of the war in the budget.
All Iraq funding has been through "supplemental funding" designed for emergency, non-forseeable situations. It also has the convenient effect of not showing up on future deficit calculations.
Add to this the fact that Bush is doing what all recent presidents have done, which is count the annual social security surplus as regular revenue.
Finally, it's important to remember that there was NO deficit when Bush took office. After all, "deficit" merely refers to a single year's budget shortfall. There is still an enormous (and rising) national debt. In fact, the interest we pay every year on this conservative debt (created almost entirely under Republican presidents) is about four times what we pay for all "welfare" programs.
