"Jonathan Ganz" wrote in message
...
Vote for Bush if you think these are good things:

. Bush emptied the Social Security trust fund by $507 billion to help
offset
fiscal irresponsibility and at the same time slash Social Security
benefits.
. Bush cut Medicare by 17 percent and reduce veterans' benefits and
military pay.
. Bush eliminate overtime pay for millions of Americans and allowed
oil prices to rise by 50 percent.

The only thing I disagree with, we subsidise low oil prices now with our
military expenditures, we are actually paying more for gas than we realize,
we're just not paying it at the pump.
The rest is really troubling, juniors inability to entertain the
possibility that he's made a mistake probably the most troubling for myself.
The deficit is extremely troubling, I read a recent study that claimed even
with the most optomistic fiscal projections the US is permanently in the
hole, the only way out would involve slashing government spending by some
ridiculous amount or raising payroll taxes to confiscatory levels.
The aging of the baby-boom generation will cause a historic shift in the
United States' fiscal position in the decades beyond CBO's projection
period. Over the next 30 years, the number of people ages 65 and older will
double, while the number of adults under age 65 will increase by less than
15 percent. In addition to those demographic changes, costs per enrollee in
federal health care programs are likely to continue growing much faster than
inflation. CBO projects that those pressures will cause federal spending for
Social Security, Medicare, and Medicaid combined to increase (even under
moderate growth assumptions) by more than two-thirds as a share of the
economy--from more than 8 percent of GDP in 2004 to over 14 percent in 2030
and almost 18 percent in 2050.

Those budgetary pressures will ultimately require choices involving some
combination of a substantial reduction in the growth of federal spending, an
increase in taxation--possibly to levels unprecedented in the United
States--and a dramatic boost in federal borrowing. Responding to that
looming situation sooner rather than later, however, can make a significant
difference. In particular, policies that encourage economic growth can help
by increasing the total amount of resources available for all uses. But
economic growth alone is unlikely to bring the nation's longer-term fiscal
position into balance--making reform of programs for the elderly or
substantial tax increases (or both) necessary. Policymakers face difficult
decisions about how best to accomplish that reform, but the sooner such
decisions are made, the less disruptive the shifts in policy will be. -The
aging of the baby-boom generation will cause a historic shift in the United
States' fiscal position in the decades beyond CBO's projection period. Over
the next 30 years, the number of people ages 65 and older will double, while
the number of adults under age 65 will increase by less than 15 percent. In
addition to those demographic changes, costs per enrollee in federal health
care programs are likely to continue growing much faster than inflation. CBO
projects that those pressures will cause federal spending for Social
Security, Medicare, and Medicaid combined to increase (even under moderate
growth assumptions) by more than two-thirds as a share of the economy--from
more than 8 percent of GDP in 2004 to over 14 percent in 2030 and almost 18
percent in 2050.




And of course, no one wants to talks about it.

John Cairns


. Bush gave tax cuts to businesses that sent American jobs overseas, and,
in fact, by policy encouraged their departure.
. Bush gave away billions of tax dollars in government contracts without
competitive bids.
. Bush involve this country in a deadly and highly questionable war, and
. Bush took a budget surplus and turned it into the worst deficit in the
history of the United States, creating a debt in just four years that
will take generations to repay.

I hope you all enjoyed your $300 check. I hope you think it was worth
it.
--
Jonathan Ganz (j gan z @ $ail no w.c=o=m)
http://www.sailnow.com
"If there's no wind, row."