Monday, February 04, 2008

The Bush Budget is a Disaster, Period.

From the AP:

"WASHINGTON (AP) -- President Bush sent the nation's first-ever $3 trillion budget proposal to Congress on Monday, contending that the spending blueprint will fulfill his chief responsibility to keep America safe.

"The $3.1 trillion proposed budget projects sizable increases in national security but forces the rest of government to pinch pennies. It seeks $196 billion in savings over five years in the government's giant health care programs -- Medicare and Medicaid.

But even with those restraints, the budget projects the deficits will soar to near-record levels of $410 billion this year and $407 billion in 2009, driven higher in part by efforts to revive the sagging economy with a $145 billion stimulus package."

But wait, it gets worse. From Huffpo, Hale Stewart gives us this tidbit:

"Here is the total amount of Federal debt outstanding at the end of the government's fiscal year for each of the last 7 years:

"09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32
09/30/2003 $6,783,231,062,743.62
09/30/2002 $6,228,235,965,597.16
09/30/2001 $5,807,463,412,200.06
09/30/2000 $5,674,178,209,886.86

When I was a child my mother used to tell me that you can't have your cake and eat it too, but this is precisely what Bush is asking for, and Congress seems ready to deliver. He's taken the image of the fiscially responsible 'conservative' Republican and sunk it down the drain--and people wonder why McCain does so well in the polls. Enough is enough. If this budget gets passed, not only will will our grand children and great-grand children be paying off this debt, but the next president's hands will get strapped with these constraints, all to continue his unpopular war. Like a sore loser, Bush loses the game and threatens to take the ball with him as he leaves the field, and the worse part: all this cash, all this life has been wasted in vain. Suddenly, socialized medicine doesn't look too bad. At least you'll get a bed to die on.

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