<\body> Stories in America: Bush, the Big $pender

Friday, January 27, 2006

Bush, the Big $pender

Remember these facts when Bu$h gives his State of the Union Address:
The $236 billion Clinton surplus of 2000 has become a $400 billion annual deficit. Setting aside Social Security, about a quarter of what the government has spent since Bush became President has been borrowed. And estimates from the nonpartisan Congressional Budget Office (CBO) show that if his tax cuts are made permanent--as he is advocating--deficits will persist for at least 10 years. Even Bush's supporters criticize his lack of fiscal restraint. They look with dismay at figures showing that the federal workforce of about 2.7 million is roughly the same size it was at the beginning of President Bill
Clinton's second term. And they point out that Bush has not vetoed a single bill since taking office. "It's hard to veto something from a Congress dominated by your own party," says Murray Weidenbaum, who was chairman of the Council of Economic Advisers under President Ronald Reagan, "but Bush should have been tougher on the spending side. That's been a disappointment."

3 Comments:

At 1/27/2006 9:38 PM, Anonymous timmy said...

Wait a minute....am I on the right blog?

Is someone from Reason magazine guest posting tonight? Hey, don't get me wrong -- I have nothing against fiscal conservatives, it's just that...I mean...WOW!

Well, I sure as hell ain't gonna pass this up....I COULDN'T AGREE MORE! Thanks for throwing me a bone, Rose!

 
At 1/29/2006 10:17 AM, Blogger kat said...

I don't think it's throwing you a bone, Timmy. Rather, you've been boned by the Republican party for far too long.

Democratic Administrations, on average, have been better for the US Economy throughout the 20th Century. Why Republicans lay claim to the mantle of good fiscal stewardship is a mystery--they certainly can't balance budgets. The term "fiscal conservative" to a Republican has come to be a code word for "we don't like poor people getting welfare." It has nothing to do with balanced budgets, job growth or a healthy economy for the majority of citizens.

 
At 1/29/2006 12:17 PM, Anonymous tommy said...

Reagan Republicans are disgusted with this administration. Too bad they aren't more vocal.

 

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