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Republican voodoo economics
"basskisser" wrote in message oups.com... Amid the White House's preparations, the Congressional Budget Office predicted the government will accumulate another $855 billion in deficits over the next decade. Wow! Isn't that a lot *less* than they though it would be just 4 months ago. Looks like supply-side economics and the Laffer Curve are working just fine. The projection, for the years 2006 through 2015, is almost two-thirds smaller than what congressional budget analysts predicted last fall. Hey! Didn't I just say that? Last September, their 10-year deficit estimate was $2.3 trillion. Man-o-man! Bush has cut the estimated deficit by $1.445 trillion since last September? That's only 4 months time. The man's a genius! Don't you find it odd that the CBO released a ridiculously inflated deficit projection less than 2 months before the election? And then revised that number *downward* by nearly a trillion and a half dollars just 4 months later? The CBO can't be trusted. Like most branches of government, it's still too heavily laden with holdover liberal government folk who couldn't get a job in the real world...so they started working for the government. |
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NOYB wrote: "basskisser" wrote in message oups.com... Amid the White House's preparations, the Congressional Budget Office predicted the government will accumulate another $855 billion in deficits over the next decade. Wow! Isn't that a lot *less* than they though it would be just 4 months ago. Looks like supply-side economics and the Laffer Curve are working just fine. OH, I get it! So, if it's less than "predicted", it's somehow, in your eyes, turns a HUGE deficit into something good???? Well, let me help YOU out, then. The projection, for the years 2006 through 2015, is almost two-thirds smaller than what congressional budget analysts predicted last fall. Hey! Didn't I just say that? Blindly, yes. I still can't figure out how that you think a deficit is a good thing. Last September, their 10-year deficit estimate was $2.3 trillion. Man-o-man! Bush has cut the estimated deficit by $1.445 trillion since last September? That's only 4 months time. The man's a genius! Bush did that? |
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