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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (466934)	3/27/2009 9:26:44 PM
From: bentway	Read Replies (1) \| Respond to of 1575396

Bush's Medicare Part D, that pays FULL RETAIL to the Pharma corps for drugs you can get for $4 at WalMart, will cost $60 billion this year alone. Time to rework THAT stinker..

To: Tenchusatsu who wrote (466934)	3/28/2009 1:36:31 PM
From: tejek	Read Replies (3) \| Respond to of 1575396

Ted, > Next year, Bush's tax cuts will expire......that will raise revenue. The Bush tax cuts have been unfairly demonized from day one. Nope. Instead the right has tried to underplay them, pretending that the middle class did as well under the Bush tax cuts. In reality they never amounted to much of an economic stimulus nor did they represent a big share of the deficit. Go back and look at the facts.....revenues dropped off a cliff after the tax cuts were enacted. They most definitely contributed to the deficit. The biggest contributor to the deficit was the dramatic increase in spending under Bush and the GOP, contrary to their ideals of fiscal conservatism. Very true......and let's not forget the war in Iraq. Now we're going to see just how fiscally unconservative Democrats can be. And they will be. The American public expects them to be. Later in the year, Iraq will be mostly over, reducing spending.....then the year after that, Afghanistan will be winding down....another reduction in spending. Hopefully, Obama will finish what HW Bush started.....reducing our military to a more reasonable level and that will reduce spending further. Of course, the "peace dividend," which Obama and the Democrats have already planned to spend three times over. I hear Obama has already identified $2 trillion in savings. Of course, that's over 10 years, i.e. $200B per year, and even by the end of that the deficit will only be half that of today. The Obamas are fiscal conservatives.....the way they grew up they had to be. He ran his campaign that way....his life.......or did you think it was by chance that Michelle Obama appeared on Jay Leno wearing J Crew, and not high couture. Its another reason why I like this presidency.....they were not born with a silver spoon in their mouths.