You're talking about uncertainties, you don't know whether the budget will be better or worse. Putting on the rose colored glasses for Bush doesn't solve anything. IIRC this graph also assumes more moderate spending which there is no sign off. It wouldn't include any flights to Mars and the Moon either. Nor the $40 billion for Iraq next year.
ALso a lot of people are saying the economy may reenter recession soon, as the stimulus is wearing off and the tax cuts are going mostly to the wealthy which is not a stimulus. All these strange employment graphs are saying odd things are happening to the economy, like weird noises coming from the engine compartment in your car.
The point is with Bush's own intentions there is nothing stopping this deficit growing larger, and it's not being cut in half like he says. I can't find a single economist writing that thinks this is good.
Current Events » in reply to A few points...
You are assuming the uncertainties will break your way
The whole thread (35 posts)
- here's your tax cut/loan
- you should ask Maxspeak about some more things (n/t)
- re: you should ask Maxspeak about some more things
- you don't understand the terminology
- P.S. For a good time, look up Greenspan's background. (n/t)
- By the way...
- Tell ya what. Why don't you explain it to me?
- you don't understand the terminology
- re: you should ask Maxspeak about some more things
- And that money was buried in the backyard in coffee cans?
- Interesting number. Where did he get it? Or, if you prefer, what are his "references?" (n/t)
- you should ask Maxspeak about some more things (n/t)