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Tuesday, July 11, 2006

Bush Praising Bush on the Deficit?

President Bush declared today that he and his huge tax cuts for the top 5% of the country has increased revenue to the federal government by so much that it halved HIS DEFICIT predictions. Now there are several ways you can look at this. Pat George on the back for a damn good job or smack him up side the head because when he walked through the front doors of the White House there WAS NOT A DEFICIT in the federal budget!!!

So somebody tell me why he thinks he is a financial genius? I have to say that he broke it he better damn well fix it! President Bush inherited a government that was PAYING DOWN the nation’s debt at a good clip. That wasn’t good enough for him so he handed back all the money that was paying off President Clinton’s debt, President Bush Senior, President Reagan’s, President Carter’s and Ford and Nixon and the list goes on down the line. For the first time in generations of Americans we were paying off our debtors.

Bush screwed it up and he knows it. Now China holds the vast majority of our nation’s debt. Teddy Roosevelt spoke quietly but carried a big stick… China has gobbled up our debt so they can see how that big old stick was used. It’s just a matter of time before they try and use it… no wait, North Korea is firing long range missiles and over everyone’s objections it’s okay because China says it isn’t a big deal. That is another story but still part of this story.

Let’s just get to November and vote the Mini Publican’s out and get the rest of the nation back to some sense of normalcy. I fully agree with my good friend the Gun Toting Liberal that we start by raising the federal minimum wage up to where a person can survive on a paycheck. Thinking outside of the box is hard to do when all the people that are supposed to be doing it…our elected leaders…are all from the upper income classes.

Papamoka

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2 Comments:

Blogger Gun-Toting Liberal said...

Thank you again as always, my friend, and great post! I've returned the link as I always try to do. Blogggg ONNNNN, bro!

10:20 PM  
Blogger Papamoka said...

Thanks for the thanks Gunny.

5:22 AM  

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