wrote:
On Mon, 31 Aug 2009 15:27:15 -0700, Jim wrote:

wf3h wrote:
On Aug 31, 3:33 pm, John H. wrote:
On Mon, 31 Aug 2009 14:46:05 -0400, NotNow wrote:

http://www.sfgate.com/cgi-bin/articl...8/31/MNFT19FC7...
A quote, "President Obama, meanwhile, has said don't worry, the plan
"will be paid for."

Here's the problem. For too many questions, the answer is, "Obama said
so." Obama lies. Even you liberals know that, but you condone it by
saying, "Bush lied".

Obama should not be used for any statements. The appropriate sections
of the act should be quoted.
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how did bush say he was gonna pay for the iraq war?

how did the GOP say they were gonna pay for the tax cuts for the
wealthy?

On the tax cuts, Bush said "It's YOUR money!" A surplus seems to be
more than the so called "conservatives" can handle.


There has never been a "surplus." What the country enjoyed at one
time was a projected budget surplus, and the country can thank
Gingrich's Contract with America for pushing the legislative bodies in
that direction. Tax cuts are an effort to revitalize the economy
through the economic exercise of supply-side economics. Supply-side
economics or Reaganomics in part are what led to the Long Boom.

"More revolutionary was the contract's related proposal: a
constitutional amendment requiring a balanced budget."

CONTRACT WITH AMERICA
http://www.encyclopedia.com/doc/1G2-3437701121.html

--
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Good explanation of the surplus:
http://www.bloomberg.com/apps/news?p...d=aGqLx61MRY6w

And then, there's this, which fits right into your explanation:
http://answers.yahoo.com/question/in...1091621AAQVd1h

So, what happened to the "Contract with America?"
http://en.wikipedia.org/wiki/Contract_with_America

What allowed Bush to treat the federal budget like his personal
playground, to invite all his supporters to a share of the treasury?


Please explain.

While I'm waiting, I'll offer this explanation:
http://www.thenation.com/doc/20051024/borosage

In fairness, the budget surplus was due to both parties cooperating. It
only took one party a few months to undue the surplus. Which one was that?