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As the Capitol turns
Posted by: McQ on Wednesday, January 03, 2007

Sometimes you just have to shake your head. Said President Bush today:
"We’ve got to make sure we spend the people’s money wisely," the president said in a Rose Garden statement.
*cough, cough * Medicare Part D, *cough, cough* No Child Left Behind, *cough, cough*, not a single veto of a spending bill, *cough, cough*

A guy could get pneumonia around here.
"It’s time to set aside politics and focus on the future," he said in the statement. "I’m hopeful that Republicans and Democrats can find common ground to serve our folks, to do our jobs, to be constructive for our country."
Now it’s time to set aside politics, eh? Well, don’t count on it in the first 100 hours anyway.

Oh, and:
"We need to reform Social Security and Medicare and Medicaid so future generations of Americans can benefit from these vital programs without bankrupting our country," he said.
Nah. The Democrats are pretty sure there really is a free lunch (it’s paid for by the ’rich’ don’t you know).

Reform is a pipe-dream as long as Dems hold the reigns in Congress, and, methinks, so is this:
And the White House and Congress need to "keep this economy growing by making tax relief permanent," Bush said.
Fair warning:
"I know people don’t like to pay taxes, but the fact of the matter is is that this administration has produced a record deficit that is really threatening in long measure our ability to make the kind of investments we need to keep America safe," Sen. Mary Landrieu, D-Louisiana, said in a Fox News interview.
Yes, my guess is bipartisanship will get off to a stupendous start real soon:

"We hope that when the president says compromise, it means more than ’do it my way,’ which is what he’s meant in the past," Sen. Charles Schumer, D-New York, said in a statement.
Come on, Chuck, who’re you trying to fool? We all know it now means do it your way.

Ah, yes, I love the smell of politics in the morning.
 
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"I know people don’t like to pay taxes, but the fact of the matter is is that this administration has produced a record deficit that is really threatening in long measure our ability to make the kind of investments we need to keep America safe," Sen. Mary Landrieu, D-Louisiana, said in a Fox News interview.


Okkkaaayyy...so can we send you the bill for the massive Katrina fraud that is taking place in New Orleans and LA? Oh, that’s right...I forgot. That wonderful sense of morality on display by your constituents is a "right" that must be funded by the Federal government. Silly me…
 
Written By: Unscripted Thoughts
URL: http://
The "record deficit" is no such thing. As a percentage of GDP, or in raw inflation adjusted dollars, it’s not as bad as the deficits at the beginning of the 90’s. In the corporate world we accept debt, reasonably managed debt, as a good thing that allows us to invest and grow. The best thing we could do would be further tax cuts and reduced operational spending. A middle management down-sizing, perhaps.
 
Written By: Adam Selene
URL: http://www.thelibertypapers.org/
As a percentage of GDP, our debt is only 60% of GDP, much lower than other countries’ - and our deficits have been shrinking. At one point the Skeptical Optimist had predicted we would be in the black before 2009 elections, but with some lower growth quarters it looks like that will be a little farther off.
 
Written By: Harun
URL: http://
And when do you think politicians will allow us to be in the black? "In the black" is a bad word for politicians and they will avoid it at all costs because where they see us resolving debt, they also see spending opportunities to increase debt.
 
Written By: Ike
URL: http://
Even better, as a percentage of GDP the deficit is about where we were before the Reagan tax cuts went into effect.
 
Written By: Sean
URL: http://www.myelectionanalysis.com

 
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