SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: goldworldnet who wrote (535046)2/3/2004 9:41:14 PM
From: Steve Dietrich  Respond to of 769670
 
Wow talk about denial.

Bush uses the Clinton numbers. His own OMB states we ran surpluses from '99-'01.

And his current budget uses the same accounting which means those projected deficits are far larger than he admits.

Instead of rubbing Clinton's nose in it, Bush rubbed his own nose in it.

From his first speech to congress as President:

My budget has funded a responsible increase in our ongoing operations, it has funded our Nation's important priorities, it has protected Social Security and Medicare, and our surpluses are big enough that there is still money left over.

Many of you have talked about the need to pay down our national debt. I have listened, and I agree. My budget proposal pays down an unprecedented amount of public debt. We owe it to our children and grandchildren to act now, and I hope you will join me to pay down $2 trillion in debt during the next 10 years.

At the end of those 10 years, we will have paid down all the debt that is available to retire. That is more debt repaid more quickly than has ever been repaid by any nation at any time in history.

We should also prepare for the unexpected, for the uncertainties of the future. We should approach our Nation's budget as any prudent family would, with a contingency fund for emergencies or additional spending needs. For example, after a strategic review, we may need to increase defense spending, we may need additional money for our farmers, or additional money to reform Medicare And so my budget sets aside almost a trillion dollars over 10 years for additional needs -- that is one trillion additional reasons you can feel comfortable supporting this budget.

We have increased our budget at a responsible 4 percent, we have funded our priorities, we have paid down all the available debt, we have prepared for contingencies -- and we still have money left over.


Steve Dietrich



To: goldworldnet who wrote (535046)2/3/2004 10:57:49 PM
From: Skywatcher  Respond to of 769670
 
here are some REAL NUMBERS FOR YA
NEW YORK (Reuters) - Planned job cuts in January were 26 percent higher than in December as U.S. jobs
moved to countries like India, China and the Philippines, and as mergers made some jobs redundant, according
to a report on Tuesday.
The outplacement firm Challenger, Gray & Christmas Inc., said post-holiday job cuts reached 117,556 in
January surpassing the 100,000 threshold for the first time since last October.
biz.yahoo.com

CC