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Robert Oak Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 06:19 PM
Original message
Bush's Budget: The Bad Math Is No Secret
If it's budget time, it must be disinformation time. That's how it goes in the Bush II era. George W. Bush released a budget today that he claims is responsible, honest, and designed to cut the $400 billion-plus deficit in half by 2009. Not so. By now, you probably have heard the obvious criticisms. The budget does not include the $80 billion Bush is asking for the wars in Iraq and Afghanistan. (And that probably won't cover the full tab.) It doesn't account for the $1 trillion to $2 trillion that Bush needs to pay for the private investment accounts he wants to carve out of Social Security. It also doesn't recognize that several hundred billion dollars will disappear from the revenue stream when the government rejiggers the alternative minimum tax--which it must--to prevent this tax (written to apply to corporations that make creative use of loopholes) from hitting middle-class individual tax filers.

http://www.thenation.com/capitalgames/index.mhtml?bid=3&pid=2179
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cthrumatrix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 06:21 PM
Response to Original message
1. He's also using $114 Billion surplus funds from Soc Sec to make his budget
Edited on Mon Feb-07-05 06:26 PM by cthrumatrix
The real deficit is $541B !!!!

I found this interesting tidbit at the Washington Post site. Click on this link...and go to the defict part and press play. It walks you thru the numbers submitted and how bush is "stealing our soc sec" money to make the budget...AGAIN!

http://www.washingtonpost.com/wp-srv/politics/interactives/budget101/
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Robert Oak Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 06:52 PM
Response to Reply #1
3. anybody realize he also gave social security benefits to illegal aliens?
In an internationalization agreement. It's so bad, illegal aliens
can get social security with less requirements than an American.

I'm sorry, but this is extremely unfair. He cuts American's benefits...
who live here, pay into the tax system and so forth...but if you
cross the border and get a job for 2 months, you get more than citizens.
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Lisabtrucking Donating Member (807 posts) Send PM | Profile | Ignore Mon Feb-07-05 07:45 PM
Response to Reply #3
7. Thats because his sister-inlaw is a Mexican. Got to help kin folk. n/t
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Just Me Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 07:18 PM
Response to Reply #1
6. So, we are actually collecting over $2 TRILLION in taxes THIS YEAR?
Edited on Mon Feb-07-05 07:19 PM by Just Me
I'm getting a bit lost in the numbers.

Where is the numbers proving we are actually collecting $2 TRILLION in tax dollars this year,...and where is that $2 TRILLION coming from?

:shrug:
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Lisabtrucking Donating Member (807 posts) Send PM | Profile | Ignore Mon Feb-07-05 07:46 PM
Response to Reply #6
8. Fussy math n/t
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Just Me Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 07:50 PM
Response to Reply #8
11. They may be "fussin'",...I'm demandin' full transparency & accountability.
Of course, those demands are very unpopular with the blackmailers, huh! :mad:
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 07:55 PM
Response to Reply #1
12. The on-budget federal deficit for FY2005 is $588.5 billion
The on-budget federal deficit for FY2004 was $567.4 billion.

The on-budget federal deficit for FY2006 is proposed as $559.9 billion, but that does not include supplemental appropriations for Afghanistan and Iraq, expected to be in excess of $80 billion. Thus, we can easily expect a FY2006 federal deficit above $640 billion!

As of this year, the Federal Debt is higher as a percentage of the GDP (67.5%) than it has been in 50 years!!


And the lousy, f*cking bastards want to make their tax cuts for the wealthy and corporations permanent? I don't know why people haven't yet tarred and feathered this obscene cabal of filthy thieves!
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NYC Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 06:33 PM
Response to Original message
2. It's the lead item on CBS, Ch. 2 6:30 p.m. EST television news.
They are quite clear about Iraq & Afghanistan not being included.

Earlier, the NYC politicians were discussing it. Bush is not fooling anybody. (Okay, not fooling any Democrats.)

Pelosi is on saying seniors, children, etc. get hurt by this budget.
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Lisabtrucking Donating Member (807 posts) Send PM | Profile | Ignore Mon Feb-07-05 07:48 PM
Response to Reply #2
9. The cost is behind curtain #1, curtain # 2 or Curtain # 3. you pick n/t
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central scrutinizer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 07:04 PM
Response to Original message
4. the compassionate conservative scam is no longer needed
He can't run for re-election again so there is no reason to even pretend he cares for working families. His mission is to let his cronies steal as much as possible in the next four years then pass the tab onto the children and grandchildren of the rest of us. It's cheap labor, put-in-the-card Republican economics on steroids.
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 07:11 PM
Response to Reply #4
5. However, bush is a good christian man, so lets just give him a pass
and forget the whole thing, as it is all god's will, and so, there is nothing that we can do to change it. Anyway, the end times are near.
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Lisabtrucking Donating Member (807 posts) Send PM | Profile | Ignore Mon Feb-07-05 07:49 PM
Response to Reply #4
10. The fall of America, " George Bush" Space calling earth. n/t
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nodictators Donating Member (977 posts) Send PM | Profile | Ignore Mon Feb-07-05 08:22 PM
Response to Original message
13. Brian Willians of NBC Nightly Propaganda was ebullient
After all, GE, parent company of NBC, will get a big chunk of that guv'ment moola.
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Just Me Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 06:37 PM
Response to Original message
14. He says his budget is "lean" when it's exposive at $2.6 TRILLION,...
,...with cuts to programs that advance the best interests of the American people!!!

Moreover, RUMMY LOST TRACK OF $2.3 TRILLION IN DOD!!!

WHERE THE HELL IS ALL THIS MONEY GOING?!!!!!
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-09-05 09:26 AM
Response to Reply #14
16. My contempt of Brian grows in quantum leaps daily
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EndElectoral Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 09:20 PM
Response to Original message
15. See Silver City by John Sayles...He's got it right on!
In his indie file Silver City (a great flick) he exactly described what is happening:

"What kind of nation do you want to be? What kind of people do you want to be? And what do you want from government? Right now, i feel like the people that are running the American government are there to destroy it, except for the military. That their ideology is that there should be less government, there should be fewer services. That people should get used to having fewer services, that it was a mistake to start those things like Social Security, and public education and public healthcare and things like that in the first place, and if they can get us deep enough into wars and run up a big enough debt and cut taxes at the same time they'l lhave an excuse to tell the people that "look there's no way we can give you these services, so you'll have to get along without them. And then people will get along without having them. Then people will get used to not having them and people will totally change their idea about what government should be."

John Sayles, Silver City
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