News Focus
News Focus
icon url

SilverSurfer

02/04/10 10:32 AM

#91403 RE: wall_rus #91402

"A properly run system" rotflmao... Where do we find the geniuses to put that together and 'run' with it? See below even the most articulate guy we could find is talking in circles...

Hey we have socialism now, Medicare, Socicial Security, Business and Farm Subsidies galore. Socialism is not what I disdain, It's Big Government! The Bigger it gets, the more delusional it becomes.

"no amount of detail can hide the obvious.
On Monday, the Obama administration released it 2011 budget with an estimated $1.3 trillion deficit. Taxes equal 15 percent of the gross domestic product in 2011, and rise by a third to 20 percent of GDP in 2020.

The internal logic underlying the budget can be seen in the president's message. "If we can slow the rate of cost growth by just 15 basis points per year (0.15 percentage points per year)," his budget message says, "the savings on Medicare and Medicaid alone would equal the impact from eliminating Social Security's entire 75-year shortfall." This can also be interpreted as: We have not been able to properly manage these three government-run programs, but let the government spend more, run health care, increased spending.

That logic is faulty, and it gets worse.

Comparing this budget to the president's 2010 version reveals discontinuities. The 2011 budget reflects a 2009 deficit that is 23 percent better than predicted, a 2010 deficit 23 percent worse than was predicted and a 2011 deficit that is 36 percent worse than was predicted.

So, while 2009 was not as bad as anticipated, 2010 and 2011 are going to be much worse?

This, too, does not pass the reasonableness test..

http://townhall.com/columnists/JackieGingrichCushman/2010/02/04/rome_is_burning_and_no_one_cares?page=full&comments=true