Comments | balseraph: Will get back to other stuff, but this NEEDS to be covered

balseraph

Will get back to other stuff, but this NEEDS to be covered

Oct 06, 2006 17:11

To those people who say "I believe in a conservative fiscal policy, and the modern Republicans have abandoned that", I must say: please pay close attention to what's actually happening.

http://www.breitbart.com/news/2006/10/06/D8KJ8R2G1.html

The deficit is not just ( Read more... )

Comments 12

gwillen October 7 2006, 03:14:37 UTC

The deficit is not just down, it's down better than expectations.

Er. Down as compared to what? here is a chart from the Congressional Budget Office reporting the history of the deficit since 1962. (If you don't want to have to grovel through the PDF for the chart, the relevant column is duplicated here, but I wanted to make sure to include the primary source ( ... )

gwillen October 7 2006, 18:29:31 UTC

MSM = 'Main Stream Media'. Or, 'Anyone who isn't Fox News'.

Incidentally, the MSM is not very liberal on economic matters (though they tend to be on social matters). Consider how many stock market shows are on Fox and CNN, and compare it to shows that discuss things from the point of view of the workers. The financial pages also cater almost exclusively to the very rich, with almost no discussion in favor of, say, the labor unions.

This isn't terribly surprising. The MSM is dominated by well-paid professionals in the New York area.

balseraph January 12 2007, 23:48:17 UTC

....

Allow me to clarify for your poor boggled brain.

Subtract from the expenses made on that chart the cost of increasing security and revamping homeland security after 9/11, and the cost of the war in Iraq, then compare the resulting number to the GDP as a percentage.

The result is a government and an economy of awe inspiring strength and vitality.

Fault me if you will for choosing to consider the war in Iraq and an absolutely necessary expenditure, and for calling the cost of nation building in both lives and treasure absolutely acceptable, but I do.

The is the most robust economy in the history of the Earth.

Bush's Perscription Drug Program has 80% approval rates, and is 13 billion (30%) *under* budget.

And the deficit has fallen ~again~. http://www.breitbart.com/news/2007/01/12/D8MJU5901.html

anonymous October 7 2006, 18:26:20 UTC

The debt was 'better than expected', which means it was 'better than the guesstimates that were put together by the CBO and the White House.' This is vastly different than being 'good' or 'fiscally conservative ( ... )

dernogg October 9 2006, 13:08:03 UTC

Dude, wassup. Give me a call sometime.

anonymous October 11 2006, 18:11:56 UTC

FYI -- the news about housing is not that house prices are currently too high - the real estate market has been one of the few boons of the Bush administration's economic policy for the middle class. The problem is that most economists expect that market to burst any day now. Given that most Americans use their house as their primary investment, this means a net loss of worth.

anonymous November 9 2006, 03:27:47 UTC

So, why no comment on the election results?