Congressional Budget Office - CBO- Reports that President Bush's Economic Plan Creating Major Deficit Reduction
The federal government incurred a deficit of $123 billion for the first nine months of fiscal year 2007, CBO estimates, $83 billion less than the shortfall recorded during the same period in 2006. Revenues have risen by more than 7 percent, whereas outlays have grown by less than 3 percent. Both rates of growth are noticeably smaller than the rates of increase in fiscal years 2005 and 2006, which averaged about 13 percent for revenues and close to 8 percent for outlays.
More in depth information appears here.
Interestingly, this has nothing to do with the democrat controlled Congress. The democrat censored media has not disclosed this enormous accomplishment.
Copywrite 2007 - Barry G.
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Comment by Ernie Els— 2007/07/15 @ 12:28 AM — (Reply)
Comment by riffran— 2007/07/15 @ 03:51 AM — (Reply)
Comment by Ernie Els— 2007/07/15 @ 10:27 PM — (Reply)
Comment by Ernie Els— 2007/07/19 @ 07:23 PM — (Reply)
While I freely admit my own political bias here, if I try and look ahead to what history will say, even with the most generous of opinions, I'm hard-put to see the judgement of Bush as coming down much higher than "didn't completely suck."
His chief accomplishments (and believe me, I'm trying to take a Bush-friendly approach here- these aren't my actual opinions) would be listed as:
1) Providing a moral compass for the nation following the catastrophe of 9/11
2) Re-invigorating venture capitalism following the dot-com crash of 2001
3) Isolating and undermining Russia and the European Union as potential World Powers.
4) Returning manned missions in space, culminating in the beginning of colonization of Mars.
5) Established the unitary executive beyond the wildest Nixonian dreams.
Against this would be cited, as failures:
1) Unable to contain nuclear proliferation, beginning with Pakistan and India, expanding to North Korea and Iran.
2) Failed to recognize the nascent superpower-to-be emerging in Communist China
3) Undermined international NGO's, including the United Nations, resulting in a cross-system failure in international diplomacy.
4) Institutionalized and legitimized a federal intra-national espionage and justice system accountable only to itself.
5) Broadened and deepened the national debt, weakening the dollar and the economic might of the country.
6) Continued the Clinton legacy of globalization, furthering the de-industrialization of the American economy and sacrificing national economic security to the altar of corporate profit.
I can easily see W.Bush being rated higher than Clinton or Bush I. I don't see him rating up with Reagan, though, or Truman. Maybe on par with Nixon and Eisenhower, two Presidents who also didn't completely suck.
Comment by Michael— 2007/07/20 @ 10:53 AM — (Reply)
Comment by Michael— 2007/07/20 @ 10:55 AM — (Reply)
Who is your current favorite for 2008?
Comment by Barry G.— 2007/07/20 @ 08:14 PM — (Reply)
Going into Iraq was stupid. Going into Iraq virtually alone (not to diminish the Battlin' Brits, Punchin' Poles or Irate Italians, of course) completely unravelled the delicate weave his dad has created prior to Gulf War I. While I disagree (and yes, did even at the time) with going into Iraq, I am even more disgruntled with the methodology the Bushies used to go in. I could see a Dubya presidency with Powell as Veep could very well have navigated that path in a far more diplomatic manner. I still would not have agreed with attacking Iraq, but at least I could have approved of the process. A unilateral and preemptive strategy makes our nation isolated, targetted and ultimately less safe, IMHO.
Second, it is the distinct paranoid world that Cheney lives in that seems to make the nightmare of '1984' suddenly seem like 'Utopia.' Am I the only one who see insanity in the fact that we're debating how much torture is okay? Or rather, we might have been debating it, except that certain key elements have been classified Top Secret... but don't worry, citizens. Someone, somewhere, is certainly debating it, and they've got your best interests in mind always. Don't worry- noone's going to stick bamboo under YOUR fingernails. Just the bad guys. I mean, if we do that sort of deed... which we won't tell you, because you don't need to know. It's classified. And just why are you asking anyway? Could it be that YOU are a terrorist???
Um... it's easy to see any sane person avoiding that, frankly. Barry wouldn't have stood for that sort of insanity.
Nuclear proliferation would be more of a challenge, I admit. However, the diminished role of international NGO's had a role- the traditional channels for diplomatic resolution had been significantly undercut. North Korea should have been dropped directly into China's lap: "Kim is your dog. Put him on a leash, or we're going to hold YOU, China, responsible." Forget multilateral talks, forget direct negotiations. North Korea exists solely due to China's good graces. It's their problem, and if they aren't going to deal with it, then we hit China in the economic nads. "Most Favored Nation," my sweet Aunt Fanny.
However, the multinational corporation has so penetrated politics, that it is admittedly difficult to see any electable President being willing, or able, to take them on directly. NAFTA remains a mistake, IMHO, and the expansion of free trade weakens our labor pool to the whims of shareholder expectation.
Tax and budget policy is something that we aren't likely to ever agree on Barry, but surely you can acknowledge that cutting taxes without a corresponding cut in spending is at least partially fiscally irresponsible. The dot-com crash, 9/11 and the War on Terror all would have negatively affected our budget, but spending was largely untouched through Dubya's reign. Bridge to Nowhere, anyone?
Comment by Michael— 2007/07/20 @ 10:49 PM — (Reply)
Comment by Barry G.— 2007/07/20 @ 11:15 PM — (Reply)
Comment by Barry G.— 2007/07/20 @ 11:16 PM — (Reply)
Comment by Barry G.— 2007/07/20 @ 11:18 PM — (Reply)
Comment by Barry G.— 2007/07/20 @ 11:22 PM — (Reply)
Comment by Barry G.— 2007/07/20 @ 11:24 PM — (Reply)
Comment by Barry G.— 2007/07/20 @ 11:25 PM — (Reply)
Comment by Michael— 2007/07/20 @ 11:38 PM — (Reply)
Comment by Barry G.— 2007/07/21 @ 07:35 AM — (Reply)
Comment by Michael— 2007/07/20 @ 11:40 PM — (Reply)
1) Torture does not work. Will someone please look up basic psychology? Torture victims don't reveal more useful information in interrogation- they reveal information that the victim believes the torturer wants to hear. Or do you think that the Spanish Inquisition actually uncovered hordes of people who routinely communed with the Devil??
2) Torture is illegal. "This Constitution and treaties made shall be the Law of the Land." Read the Geneva Convention. Stop trying to weasle around it.
3) Torture is immoral. Intentionally inflicting harm upon another, when evidence repeatedly shows little to no benefit, is simply cruelty. It is not justice, it is sadism.
Comment by Michael— 2007/07/21 @ 11:57 AM — (Reply)
It sounds like a semantics type of thing...what exactly is torture? Is it inflicting mental and or physical pain to the pain where someone does reveal the truth or is it an interrogation technique up until that point? Personally I feel that to be a perfectly reasonable interrogation technique. No doubt that inflicting mental and or physical pain for sadistic purposes is torture as is inflicting mental or physical pain to the extreme point where someone says anything in the hope it will stop.
Comment by Ernie Els— 2007/07/21 @ 01:05 PM — (Reply)
If you want to pull screws out of wood- what tool do you use? One that works- a screwdriver. Now you can use a hammer, if you like. Maybe it's the only tool you have, or maybe you just like the satisfaction of pounding on the screws. Or maybe you're just stupid. It's not semantics- a hammer will never be a screwdriver. Take that hammer and pound the living heck out of the screws or the wood. You probably will even get one or two of those screws out. Some are going to bend or strip or not budge at all. But don't point at the screws you managed to knock out and tell me that makes your hammer a screwdriver.
A hammer is not "a perfectly reasonable technique" for pulling screws out of wood. It works... sorta...not really, but kinda... but it's stupid- there are better tools.
In the same way, torture is not "a perfectly reasonable technique" of interrogation. It works... sorta...not really, but kinda... but it's stupid- there are better tools.
And the definition of torture is not vague.
"any act by which severe pain or suffering, whether physical or mental, is intentionally inflicted on a person for such purposes as obtaining from him or a third person information or a confession, punishing him for an act he or a third person has committed or is suspected of having committed, or intimidating or coercing him or a third person, or for any reason based on discrimination of any kind, when such pain or suffering is inflicted by or at the instigation of or with the consent or acquiesance of a public official or other person acting in an official capacity". (Geneva Convention)
What part of that is unclear?
Comment by Michael— 2007/07/23 @ 09:46 AM — (Reply)
Comment by Michael— 2007/07/23 @ 09:48 AM — (Reply)
For example, I might be tortured by watching someone eat chocolate ice cream and you might not give a rat's ass about it.
Comment by Barry G.— 2007/07/23 @ 04:28 PM — (Reply)
Justifying increased spending (and even excluding defense and 9/11 costs, discretionary spending HAS increased in every budget) with the anticipation of future revenue is an economic liberal argument, and not worthy of you, Barry.
Comment by Michael— 2007/07/20 @ 11:30 PM — (Reply)
Comment by Barry G.— 2007/07/20 @ 11:34 PM — (Reply)
Comment by Barry G.— 2007/07/20 @ 11:35 PM — (Reply)
Yes, tax revenues increased under Reagan, but tax revenues increase normally as a result of inflation and ordinary GDP expansion. Revenues under Reagan's tax cuts actually decreased, when expressed as a percentage of GDP, in contrast to years prior and following. But I didn't even want to get into that topic, because I'll take it as given that you've sucked off the supply-side baby-bottle for too long to be weaned off it easily.
The greater travesty was that spending under Reagan, and now under Dubya, have grown ridiculously. Yes, a large amount of that is entitlement spending. Yes, reform of Social Security and Medicare is necessary. But we'll even assume that entitlement increases are both inevitable and very difficult to tackle, politically, so take them off the table. Discretionary spending went unchecked in both administrations, expanding beyond the rate of inflation. For all the blame the Democrats under Reagan got for the spending, why isn't there even more of an outrage for the Republican Congress under Dubya??
Both parties have shown themselves to be hypocrites and unable to address what will be a disastrous crash to our economy with 20 years. The Baby Boom is retiring, and the debt-collectors are going to come calling for all the bills they ran up.
Comment by Michael— 2007/07/23 @ 04:09 PM — (Reply)
The end result is the same. All of the politicians have created a ponzi scheme which sadly includes Social Security that is going to crash and burn. It would be a travesty for Hillary to be elected and get control of our medical dollars too.
Comment by Barry G.— 2007/07/23 @ 04:33 PM — (Reply)
Note- before y'all get your panties in a bundle about how I must be in favor of higher taxes, that ain't necessarily so. My issue (and it ought to be everyone else's), is that income and outgo ain't balancing, and this nation is running up the debt to hide the difference. Every American owes about $3,000 to the government of China (they have an estimated $1 billion of our Treasury securities). That's my beef. Yeah, I believe that the nation benefits with some base social services, but I also believe our federal government has gotten WAY too bloated, and many federal services can, and ought, to be done at the state or local level.
Comment by Michael— 2007/07/24 @ 11:50 AM — (Reply)
Comment by Ernie Els— 2007/07/24 @ 08:09 PM — (Reply)
Can you imagine a Republican running a candidate who's more opposed to the Iraq War than most of the Democrats?? That'd be a hell of a strange election! Good thing we can count on your party being filled with NASCAR-watching, Bud-drinking butt-munchers who don't actually want to think about issues.
Among the Dems, Richardson is okay, Obama is tolerable but cautious, Kucinich is unelectable, Edwards and Clinton are slick and untrustworthy, Biden and Dodd are past their prime, and apparently there is also a senator named Gravel who's running. It's pretty sad if I've never even heard of him.
I'd give Bloomberg a look if Clinton wins the nomination. I didn't like the first Clinton, and the second one is even greasier.
Comment by Michael— 2007/07/20 @ 11:17 PM — (Reply)
Comment by Barry G.— 2007/07/20 @ 11:19 PM — (Reply)
Whatever you say about Bill, he sure looked and spoke the part of a President.
Comment by Barry G.— 2007/07/20 @ 11:27 PM — (Reply)
Whatever you say about Bill, he sure looked and spoke the part of a President.
Comment by Barry G.— 2007/07/20 @ 11:28 PM — (Reply)
Comment by aza spade— 2007/07/20 @ 11:38 AM — (Reply)
Comment by aza spade— 2007/07/21 @ 10:32 PM — (Reply)
HAHAHAHAHAHAHAHHAHA Jackasses!!!
Comment by Barry G.— 2007/07/21 @ 11:39 PM — (Reply)
Comment by aza spade— 2007/07/22 @ 01:00 AM — (Reply)
Comment by aza spade— 2007/07/23 @ 09:09 PM — (Reply)
Comment by Ernie Els— 2007/07/23 @ 10:06 PM — (Reply)
Go ask those sorta questions somewhere that you ain't just preaching to the choir. LOL
Comment by Michael— 2007/07/24 @ 11:55 AM — (Reply)