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


To: Alighieri who wrote (701888)3/1/2013 1:06:19 PM
From: i-node1 Recommendation  Respond to of 1577892
 
>> False...it was $784B

CBO subsequently said it would cost more. First, $821B, then raised to $831B, and later to $852B.

Although, there is a subsidy of $30B allocated for physicians adopting EMR systems that docs have realized is a boondogle, so those expenditures are ending up being considerably less than the $30B, and that might bring it down.

But when you add everything the wasteful nonsense is well beyond a trillion. Although CBO's figures clearly indicate they haven't any idea the overall effect on the economy, the most recent figures for ARRA alone put it at $830B. By the time you count the impact of counterproductive measures (like EMR systems) and other programs (Cash for Clunkers) the overall cost easily runs beyond a trillion, and that's before you even think about interest which undoubtedly will run several trillions over the years unless the economy collapses sooner.



To: Alighieri who wrote (701888)3/1/2013 1:39:17 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1577892
 
Al, ask yourself this. Why do we have a debt ceiling in the first place?

How much debt is too much?

If now's not the best time for austerity, then when? When the economy is on solid footing? When will that be?

Tenchusatsu



To: Alighieri who wrote (701888)3/1/2013 2:10:03 PM
From: tejek  Read Replies (1) | Respond to of 1577892
 
After a long week, this one is good for a laugh.

A poll only Fox News would commission

By Steve Benen
-
Fri Mar 1, 2013 11:57 AM EST


Getty Images

Professional news organizations put a great deal of care into how they word polling questions. To get reliable results that accurately reflect public attitudes, surveys have to be careful not to guide respondents or skew their answers.

But Fox News polls tend to be a little different.

I remember the first time I marveled at a Fox News polling question. It was March 2007 and the network asked, in all seriousness, "Do you think the Democratic Party should allow a grassroots organization like Moveon.org to take it over or should it resist this type of takeover?" Soon after, another poll asked, "Do you think illegal immigrants from Mexico should be given special treatment and allowed to jump in front of immigrants from other countries that want to come to the United States legally, or not?"

In 2009, a Fox poll asked, "Do you think the United Nations should be in charge of the worldwide effort to combat climate change and the United States should report to the United Nations on this effort, or should it be up to individual countries and the United States would be allowed to make decisions on its own?"

And here's Fox News' latest gem, in a national poll published this morning:

"Former President George W. Bush stopped golfing after the start of the Iraq war. Do you think President Barack Obama should stop golfing until the unemployment rate improves and the economy is doing better?"

Oh my.

First, Bush claimed he gave up golf after the August 2003 bombing of the United Nations headquarters in Baghdad, which killed Sergio Vieira de Mello, the top U.N. official in Iraq. The claim, however, wasn't true. Second, presidential leisure activities have nothing to do with a war, or the economy for that matter.

And third, Obama's golf outings aren't stopping him from addressing the unemployment rate -- a rate that has already improved thanks in large part to the president's policies -- congressional Republicans are.

So why would a news outlet that claims to be legitimate put a polling question like this into the field? It's a question only Fox News can answer.