U.S. debt spinning out of control
 

This, from the S.F. Chronicle. In short, the Bush administration has
increased the tax burden, but then given those stupid refunds, and
lessening the tax burden on corporations, has given way to the problem
of a ballooning national debt.....

Washington -- The Medicare bill about to clear Congress is the latest
example of how budget discipline is being given short shrift at both
ends of Pennsylvania Avenue, critics say.

By official calculations, the tax cuts and increases in benefits
enacted this year alone will increase the national debt by more than
$750 billion over the next decade, and the actual amount could be much
larger.

"In fiscal terms, there is no doubt in my mind that this has been the
most irresponsible year ever," said Robert L. Bixby, executive
director of the Concord Coalition, a bipartisan watchdog organization
that favors restraining the budget deficit.

Ed McKelvey, an economist at Goldman Sachs, declared in the investment
firm's newsletter last week that "the U.S. federal budget is out of
control."

U.S. debt spinning out of control
 

Ed McKelvey, an economist at Goldman Sachs, declared in the investment
firm's newsletter last week that "the U.S. federal budget is out of
control."

As far as the economy goes, the current GOP controlled congress and white house
have built a house of straw. Now that they have set fire to the house, they are
pointing out to the 300 million occupants that there seems to be a lot of free
heat. How wonderful.

U.S. debt spinning out of control
 

750 billion? not a proper figure, someone misprinted. Unless they were
suggesting that the debt will only rise by that much. The U.S. is near 6.5
trillion now, they just spent 3/4 of a trillion dollars on their stimulus
package. Obvious this article is way off track, for them to blame or even
mention what Bush administration breaks or incentives while mentioning the
debt shows personal and ignorance in the context. Inaccurate article,
wouldn't read another by this author, those who follow this guy are puppets.





"basskisser" wrote in message
om...
This, from the S.F. Chronicle. In short, the Bush administration has
increased the tax burden, but then given those stupid refunds, and
lessening the tax burden on corporations, has given way to the problem
of a ballooning national debt.....

Washington -- The Medicare bill about to clear Congress is the latest
example of how budget discipline is being given short shrift at both
ends of Pennsylvania Avenue, critics say.

By official calculations, the tax cuts and increases in benefits
enacted this year alone will increase the national debt by more than
$750 billion over the next decade, and the actual amount could be much
larger.

"In fiscal terms, there is no doubt in my mind that this has been the
most irresponsible year ever," said Robert L. Bixby, executive
director of the Concord Coalition, a bipartisan watchdog organization
that favors restraining the budget deficit.

Ed McKelvey, an economist at Goldman Sachs, declared in the investment
firm's newsletter last week that "the U.S. federal budget is out of
control."

U.S. debt spinning out of control
 

" Tuuk" wrote in message
...
750 billion? not a proper figure, someone misprinted. Unless they were
suggesting that the debt will only rise by that much. The U.S. is near 6.5
trillion now, they just spent 3/4 of a trillion dollars on their stimulus
package. Obvious this article is way off track, for them to blame or even
mention what Bush administration breaks or incentives while mentioning the
debt shows personal and ignorance in the context. Inaccurate article,
wouldn't read another by this author, those who follow this guy are
puppets.


Let me guess, you didn't do well on the reading comprehension tests in
school.

U.S. debt spinning out of control
 

Tax & Spend Democrats.
And the spending is on social programs.

Borrow & Spend Repuplicans.
And the spending is on war-weapons and "social programs" for people in
other countries.

U.S. debt spinning out of control
 

750 billion? not a proper figure, someone misprinted. Unless they were
suggesting that the debt will only rise by that much. The U.S. is near 6.5
trillion now, they just spent 3/4 of a trillion dollars on their stimulus
package.

(psst. Here's a secret. Don't tell anybody but 750 billion *is* 3/4 trillion)

U.S. debt spinning out of control
 

no kidding
you think the debt will simply rise by 3/4 trillion? Or you think the debt
has *only* increased by 3/4 trillion this year?
This magnanimous effort by the U.S. to rid the world of terrorism and the
efforts they do for world relief of starvation and disease, these efforts
should not be on the backs of the U.S. taxpayers. There is no excuse why any
or all of the other countries globally should be helping with this. No
excuse.
Psst, here is a secret, do some thinking.






"Gould 0738" wrote in message
...
750 billion? not a proper figure, someone misprinted. Unless they were
suggesting that the debt will only rise by that much. The U.S. is near
6.5
trillion now, they just spent 3/4 of a trillion dollars on their stimulus
package.

(psst. Here's a secret. Don't tell anybody but 750 billion *is* 3/4
trillion)

U.S. debt spinning out of control
 

Or you think the debt
has *only* increased by 3/4 trillion this year?

As of about 60 days ago, it had *only* increased a half trillion in the
previous year.

09/30/2003 $6,783,231,062,743.62
09/30/2002 $6,228,235,965,597.16


This magnanimous effort by the U.S. to rid the world of terrorism and the
efforts they do for world relief of starvation and disease, these efforts
should not be on the backs of the U.S. taxpayers.

We knew full well when we launched our last military adventure into Iraq that
the overwhelming majority of the world, most of
our allies, and the major portion of the UN opposed the idea. Why do we expect
them to step in now and pick up the cost?

U.S. debt spinning out of control
 

AAhhhh.. back again! Well, Tuuk, what kind of boat do you own and
where do you boat? Any pictures or recent nautical tales to tell?


On Wed, 26 Nov 2003 09:20:12 -0500, " Tuuk"
wrote:

750 billion? not a proper figure, someone misprinted. Unless they were
suggesting that the debt will only rise by that much. The U.S. is near 6.5
trillion now, they just spent 3/4 of a trillion dollars on their stimulus
package. Obvious this article is way off track, for them to blame or even
mention what Bush administration breaks or incentives while mentioning the
debt shows personal and ignorance in the context. Inaccurate article,
wouldn't read another by this author, those who follow this guy are puppets.





"basskisser" wrote in message
. com...
This, from the S.F. Chronicle. In short, the Bush administration has
increased the tax burden, but then given those stupid refunds, and
lessening the tax burden on corporations, has given way to the problem
of a ballooning national debt.....

Washington -- The Medicare bill about to clear Congress is the latest
example of how budget discipline is being given short shrift at both
ends of Pennsylvania Avenue, critics say.

By official calculations, the tax cuts and increases in benefits
enacted this year alone will increase the national debt by more than
$750 billion over the next decade, and the actual amount could be much
larger.

"In fiscal terms, there is no doubt in my mind that this has been the
most irresponsible year ever," said Robert L. Bixby, executive
director of the Concord Coalition, a bipartisan watchdog organization
that favors restraining the budget deficit.

Ed McKelvey, an economist at Goldman Sachs, declared in the investment
firm's newsletter last week that "the U.S. federal budget is out of
control."

U.S. debt spinning out of control
 

No, I disagree, even Britain who just displayed one of the largest protests
have a majority of people agreeing with the U.S. objectives. Do a search on
Cnn.com, there are about 5 articles stating it. I also believe there are
larger majorities than you think. Why wouldn't the population want a better
more freerer, safer world? You think the population in Africa wants the U.S.
out? They do more there for disease and hunger than anyone.




"Gould 0738" wrote in message
...
Or you think the debt
has *only* increased by 3/4 trillion this year?

As of about 60 days ago, it had *only* increased a half trillion in the
previous year.

09/30/2003 $6,783,231,062,743.62
09/30/2002 $6,228,235,965,597.16


This magnanimous effort by the U.S. to rid the world of terrorism and the
efforts they do for world relief of starvation and disease, these efforts
should not be on the backs of the U.S. taxpayers.

We knew full well when we launched our last military adventure into Iraq
that
the overwhelming majority of the world, most of
our allies, and the major portion of the UN opposed the idea. Why do we
expect
them to step in now and pick up the cost?