To be on TV screeching about the budget? If anybody would still be listening, that is...
"I'm confident our budget addresses a very serious situation," Bush said at a Cabinet meeting. "And that is that we are at war and we had dealt with a recession. And our budget is able to address those significant factors in a way that reduces the deficit in half."
But Bush's figure excluded military spending in Iraq and Afghanistan, likely to total $50 billion. By projecting its budget for only five years, the White House also failed to address a fiscal crunch that will hit in earnest once baby boomers start to retire in large numbers a few years later.
David Walker, head of the independent General Accounting Office, said the country faced a unprecedented budget crunch 10 years from now.
"We face a demographic tidal wave that will never recede. I don't believe people really understand that yet and it's going to take a concerted effort by a number of parties over a number of years to educate the public," he told Reuters. Reuters article
Why worry about ten years from now? If you can get four more, you can pretty well clean up personally even if Armageddon doesn't happen, and leave the hell to pay for some Democrat who'll be elected when the people finally figure out what has happened.
....but hey, do what you want....you will anyway.
Thursday, February 05, 2004
Subscribe to:
Post Comments (Atom)







No comments:
Post a Comment
Comments are moderated. There may be some delay before your comment is published. It all depends on how much time M has in the day. But please comment!