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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (16737)	4/13/2010 3:20:42 PM
From: TimF	3 Recommendations Read Replies (1) \| Respond to of 42652

as the chart below shows No it doesn't. Some of the factors aren't broken down by administration. "Deficit without these factors", does not equal "deficit without Bush policies", of those that are ("Bush era tax cuts") or where its implied (the wars) - 1 - The tax cuts - Static projections of tax cuts overestimate the revenue loss. 2 - The wars - Obama increased the force and activity level in Afghanistan. Also he has the ability to reduce the cost if he chose to do so. At this point the cost is largely on him, or at least it will be in the out years on the chart. I support the extra effort in Afghanistan, but you can't simply give the category of the the wars to Bush. You also cn't give the stimulus, "TARP, Fannie and Freddie", or the downturn. Beyond that the chart doesn't take in to account increased entitlement spending, which has been the main driver of spending, and thus deficits. And it ignore ways in which Obama has, or plans to, increase spending. Bush bought us past $3tril, Obama will bring us past $4tril. Neither can escape blame for the deficits by laying it on the other person.

To: RetiredNow who wrote (16737)	4/13/2010 8:38:38 PM
From: i-node	Read Replies (1) \| Respond to of 42652

Yes, you and I are worlds apart. You don't have a clue as to what caused these deficits. Most of the current deficits are due to Bush, as the chart below shows. You don't have any clue what the REAL fiscal crises facing America are and they don't have a damned thing to do with the minuscule amounts that are reported as past deficits. We could talk about the real estate crash, which was directly attributable to incompetent policy under Clinton' CRA regulations. But that isn't the problem, either. None of this matters when you have $60 trillion or more in off-book deficit that has been conveniently ignored -- deficits created by social programs created under FDR and LBJ. And now this nitwit in DC has added to the problem with a "health care" reform that will devastate the treasury in the next decade.