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Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 05:39 AM
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A Record of "Fuzzy Math" by the Bush Administration


The October 6, 2006 headline reads this:Budget Deficit Drops to $250 Billion



The story behind the story says this:




Bush Team's Fuzzy Math

"In his State of the Union address, the president pledged to halve the deficit by 2009. But his plan largely excludes the cost of operations in Iraq and Afghanistan and does not reflect the long-term impact of Mr. Bush's proposal to make recent tax cuts permanent."


Halving the Deficit Will Involve Major Changesor Fuzzy Math

Published: 01/10/2005


"These cuts will do little to alleviate the budget deficit. It is convenient for this administration to have such a large budget deficit so it can further its political priorities of shrinking the size and role of the federal government in the name of fiscal discipline. But the cuts the president will make in non-defense discretionary programs in his FY 2006 budget will do little to ease the budget deficit compared to rolling back some or all of the 2001 and 2003 tax cuts.

The administration will certainly continue to use a reducing the deficit rationale to justify imposing entitlement caps in the FY 2006 budget. Entitlement programs, such as Medicare and Medicaid, are funded by formulas set in law and not subject to the annual appropriations process. But by including entitlement caps in the budget, the Bush administration will further erode an important aspect of the social safety net just so they can avoid rolling back tax cuts for the super wealthy.

It has recently emerged the administration has another way of battling the budget deficit besides excessively cutting funding for programs and agencies. News sources, including the New York Times(have to pay for the article), reported the administration plans to both use the numbers to their advantage and omit the costs of certain major initiatives and policies.

" To show that President Bush can fulfill his campaign promise to cut the deficit in half by 2009, White House officials are preparing a budget that will assume a significant jump in revenues and omit the cost of major initiatives like overhauling Social Security. To make Mr. Bush's goal ..."|New York Times, reported the administration plans to both use the numbers to their advantage and omit the costs of certain major initiatives and policies.

The Times reported on Jan. 2 that administration officials have decided to measure their progress against a $521 billion deficit they predicted last February rather than last years actual shortfall of $413 billion. This means that they are going to use an inflated baseline in pursuing their goal of cutting the deficit in half. Last February, administration officials predicted a federal deficit of $521 billion. After the fiscal year ended Sept. 30, the Treasury Department reported that the 2004 budget deficit stood at $413 billion $108 billion less than their earlier predicted deficit."



The Administrations Good News Claim Is Based on Gamesmanship about Expectations

"The Administration claims that a $413 billion deficit reflects an improvement in the nations budget picture.<2> Such a claim is misleading at best. The Administrations claim comes about only because the deficit did not increase as much in 2004 as the Administration earlier predicted it would. This is like a football coach predicting his team will go from a record of 6 wins and 10 losses to a 4-12 record the next year, and then celebrating when the team improves to 5-11."


The True Deficit is $574 Billion posted by DU'er ticktockman, complete with graph.





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Hissyspit Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 05:42 AM
Response to Original message
1. They've done this every year of the administration, if I'm not mistaken
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Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 05:42 AM
Response to Reply #1
2. Yes, they have
Time and time again.
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 05:59 AM
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3. Didn't someone say the budget deficit drop was like saying
I didn't get as fat this year as I have the last five years?

Aside from a still growing deficit, they always hide the Social Security trust fund debt. The Baby Boomers were the first generation to pay for BOTH their own retirement and their parent's retirement. That is why Raygun doubled our Social Security tax. The idea was to put "our" Social Security money in a trust fund so when we Baby Boomers retired, it would be there. While "saving" our own retirement, we were paying for our parent's retirement.

But Raygun, Bush, Sr., Clinton and Crazy King George have stolen the money in our Social Security Trust fund. They supposedly borrowed it. It was Greenspan's idea. If they supposedly borrow our hard earned Social Security money, then they don't have to show it in the deficit. Because it is like the government borrowing from itself. So now all that money we have been paying for years is gone. Stolen redistributed to the wealthy and is used to hide the true deficit.

Raygun and the bushes have stolen our Social Security trust fund and the neocons pretend like it was just a bad mathematical error. Bunch of thieves all of them.
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Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 06:01 AM
Response to Reply #3
4. Well put! And yes!!! they are thieves all
the "bad mathematical error" (stealing) is in keeping with them saying "mistakes" and "misled" instead of crimes and lies

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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 06:04 AM
Response to Original message
5. Fuzzy math is but part of the lie for the entire 'puke agenda is a big lie
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Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 06:05 AM
Response to Reply #5
6. True! Just one big ugly lie
lie after lie...lie upon lie.
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izzie Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 06:14 AM
Response to Original message
7. He is changing the standards and soon
Really silly to have a pound measure a pound all over the US, or a light bulb bought in Calif. fit a light you buy in Maine. Some one could make millions by re-doing this. Look at all the lights we would have to buy and that is freedom for some man making lights and bulbs. The whole govt. is getting like this. You tear down the whole infrastructure that makes this country so easy to live in next to the rest of the world. This part of the GOP in power seem to be doing just that. Course along with selling off rights on fed. lands. Needs the money system to do the same. It is all just a steady pounding away at govt. doing any thing well and giving it to people who can make money at it. Banks and that part need to fit in. So to say this all works, is good for them, so you change how you figure it. It is almost like we have our own von Bismarck.
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Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 01:33 PM
Response to Reply #7
8. It really is a transformation of infrastructure
designed not with "the people" in mind
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izzie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-09-06 05:15 AM
Response to Reply #8
10. The fallacies is that laissez faire business is always the best.
Talk to almost any one and they will repeat that business should be run as the owners want and govt. should stay out. If you ask, you mean they can put in their own scales to tell how much things are they will say of course not. Just look at what people want on their food labels and what they say to you. People want one thing but keep saying they want another thing. It is very odd. Most people want to live in the ease of America but say they do not want any govt. to tell them what to do. How do they think we got here? You could go on for ever on this subject. Like drunks on the road, and other driving laws. Standards in most things you buy? I was hearing this long to-do on the evils of the Unions one day, as this owner/ workers was telling his workers. 'Come on we have put in 8 hours and it is time to leave.' The whole thing seems to go right over the people as they tell you govt. needs to stay out of my business.This govt. seems to want to un-due many of those rules business lives by. The Gilded Age is coming back. We shall see what happens.
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Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-09-06 05:58 AM
Response to Reply #10
11. Exactly
They are working to undo the very standards that bettered life for people.

And some people do seem to not know what they want.. They want the benefits of a well governed society without any of the responsibilities and safeguards that keep a soceity as free as possible without causing harm.

Then many of those same people turn around and claim it's OK to lose a few liberties to be protected from "terrorists"

They have a warped definition of "freedom"...or so I think



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ticktockman Donating Member (65 posts) Send PM | Profile | Ignore Mon Oct-09-06 02:43 AM
Response to Original message
9. The True Deficit of $574 Billion
The True Deficit is $574 Billion posted by DU'er ticktockman, complete with graph.

Thanks for posting a link to the posting about the true deficit. The true deficit (including the monies borrowed from Social Security and the other trust funds) is the red line in the following graph:



The actual numbers and sources are at http://home.att.net/~rdavis2/def07.html . As noted, these numbers come from the most recently released U.S. Budget. As can be seen, the gap between the reported and true deficit increased noticeably around 1984, shortly after the Social Security Amendments of 1983 accelerated scheduled increases in the payroll tax, serving to create a growing Social Security surplus.
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Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-09-06 06:01 AM
Response to Reply #9
12. I really appreciate you posting. Thanks!!!
Information has a way of disappearing - and short memories make distorting facts easier for people like Bush.
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