Impeach George W. Bush Message Board

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Politics : Impeach George W. Bush

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To: Selectric II who wrote (9833)	1/25/2002 3:04:46 AM
From: jttmab	Read Replies (2) of 93284

I am literally choking with tears of laughter. Clinton and the demolibs made long term budget surpluses and long term forecasts of the "good" things they'd brought us like never before. All of which have proven to be absolutely fictitious, so far. You clearly have no recollection that during the Clinton years the surpluses exceeded the White House Budget Office [and CBO] prior year estimates. Typically, you would expect near term forecasts to be closer to accurate than long term forecasts. Which is more likely to be accurate? The forecast of the unemployment rate for the next week, or the forecast of the unemployment rate in 2009? Now we've got a deficit; the national debt is increasing; that's an additional tax liability that has to be paid. You've got a tax bill that has an unspecified due date. And you call that a tax cut. An analogy: You've refinanced your house with a loan whose payments are calulated as a 30 year fixed mortgage; the interest rates are lower so you have more money in your pocket right now. But the fine print says you've got to pay the balance in 2011. So you can laugh your ass off, with that extra whopping $4/week in your pocket. You're not going to be laughing when 2011 comes. jttmab

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