Next stop... bankruptcy
Imagine this: it's nearing the first of the month and you sit down to organize your finances. After figuring out how much you owe, you decide how much you're going to spend. Since you don't have any cash on hand, you realize that you'll have to use your credit card to buy stuff. Not to worry, though, because since it's a credit card, you can pay it off later. How much credit would you use?
If you're George W. Bush, the answer to this question is 423 billion dollars.
Four hundred and twenty-three BILLION dollars. Also known as $423,000,000,000.
Yes, that's nine zeros, folks.
Dumbya has just submitted a budget to Congress that will drive the annual deficit higher than it has ever been before. Oh, and I almost forgot to mention: it cuts spending on education, Medicare and Medicaid, farm subsidy programs, and more.
"Ah, but military spending is so important that funding for certain programs needs to be reduced," you say. But apparently critics are saying that this marvelous budget understates the spending that will be necessary to fight our wars in Iraq and Afghanistan.
That pretty much puts your argument in the toilet, no?
The biggest villain here? A perennial Bush fave: tax cuts. It's going to cost us $1.35 trillion over the next ten years to extend Dubya's first-term tax cuts. You know, the ones that primarily benefit the super rich? But what's really funny?
A trillion dollars is about how much we owe foreign governments as of right now.
Yes, we owe other countries over a trillion dollars. Also known as $1,000,000,000,000.
Yes, that's twelve zeros, folks. Twelve.
Imagine if you owed your landlord that much money? No apartment. The gas company? No heat. Electric? More of the same.
You get the idea.
Bush is continuing to bankrupt this country. Fact is I wouldn't be as upset about this if he was actually doing it to benefit the majority of us, but that just isn't the case. He's pouring money into defense while simultaneous reducing our main source of income: taxes.
Then again, I'm just another tax and spend Democrat.
I long for the day when a president is brought up in the real world, the world where people have to worry about money and making it through to the end of the month; a president with some semblance of knowledge about financial responsibility.
Clinton balanced the budget. Why can't GW?
The $36 billion reduction in Medicare, the $5 billion reduction in farm subsidy programs, and the $4.9 billion in reduction in Medicaid support for poor children will definitely help you buy:
Damageplan - New Found Power
(Darrell was not a dime a dozen)
The Crystal Method - Keep Hope Alive
(bumpin' takes on one of my faves)
CocoRosie - La Maison De Mon Reve
(just plain weird... and lovely)
Yuma Tripp - Yuma Tripp MP3s (Disc 3)
(house house house trance trance trance)
Various - DJ Abstract 12: The E.SP. Mix
(one of my best mixes, IMHO)
If you're George W. Bush, the answer to this question is 423 billion dollars.
Four hundred and twenty-three BILLION dollars. Also known as $423,000,000,000.
Yes, that's nine zeros, folks.
Dumbya has just submitted a budget to Congress that will drive the annual deficit higher than it has ever been before. Oh, and I almost forgot to mention: it cuts spending on education, Medicare and Medicaid, farm subsidy programs, and more.
"Ah, but military spending is so important that funding for certain programs needs to be reduced," you say. But apparently critics are saying that this marvelous budget understates the spending that will be necessary to fight our wars in Iraq and Afghanistan.
That pretty much puts your argument in the toilet, no?
The biggest villain here? A perennial Bush fave: tax cuts. It's going to cost us $1.35 trillion over the next ten years to extend Dubya's first-term tax cuts. You know, the ones that primarily benefit the super rich? But what's really funny?
A trillion dollars is about how much we owe foreign governments as of right now.
Yes, we owe other countries over a trillion dollars. Also known as $1,000,000,000,000.
Yes, that's twelve zeros, folks. Twelve.
Imagine if you owed your landlord that much money? No apartment. The gas company? No heat. Electric? More of the same.
You get the idea.
Bush is continuing to bankrupt this country. Fact is I wouldn't be as upset about this if he was actually doing it to benefit the majority of us, but that just isn't the case. He's pouring money into defense while simultaneous reducing our main source of income: taxes.
Then again, I'm just another tax and spend Democrat.
I long for the day when a president is brought up in the real world, the world where people have to worry about money and making it through to the end of the month; a president with some semblance of knowledge about financial responsibility.
Clinton balanced the budget. Why can't GW?
The $36 billion reduction in Medicare, the $5 billion reduction in farm subsidy programs, and the $4.9 billion in reduction in Medicaid support for poor children will definitely help you buy:
Damageplan - New Found Power
(Darrell was not a dime a dozen)
The Crystal Method - Keep Hope Alive
(bumpin' takes on one of my faves)
CocoRosie - La Maison De Mon Reve
(just plain weird... and lovely)
Yuma Tripp - Yuma Tripp MP3s (Disc 3)
(house house house trance trance trance)
Various - DJ Abstract 12: The E.SP. Mix
(one of my best mixes, IMHO)
posted by Ben at 1:05 PM
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