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Doubts over Bush's claim to halved the deficit

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INdemo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 07:47 PM
Original message
Doubts over Bush's claim to halved the deficit
Edited on Wed Oct-11-06 08:46 PM by INdemo
When I heard this I thought "ya right". It's just another Rove tactic to try and fool the public. I dont think we have heard the last about this claim. Another example of lost credibility..


http://msnbc.msn.com/id/15227738/
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silverweb Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 07:49 PM
Response to Original message
1. "Doubts" ??
How about hysterical scoffing?!

:rofl:
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INdemo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 08:03 PM
Response to Reply #1
6. Deleted
Edited on Wed Oct-11-06 08:43 PM by INdemo
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INdemo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 08:03 PM
Response to Reply #1
7. Well I was more or less repeating what the headline read..
Does he expect the public to buy this sh%t..Im waiting for a reputable economist to come forward and tell the public the truth.....
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silverweb Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 08:51 PM
Response to Reply #7
10. I'm not at all disagreeing with you...
...just mocking the silly headline.

:)
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greeneyedboy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 07:49 PM
Response to Original message
2. "i quadrupled it before i halved it." hello, remember the surplus?
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theoldman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 07:56 PM
Response to Original message
3. I wonder what they will say next year when reality sets in.
Not all corporate profits are up and the home building boom is over.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 07:57 PM
Response to Original message
4. ok who didn't see this coming?
i think we all knew this budget story was shit from the start.
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OrangeCountyDemocrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 07:57 PM
Response to Original message
5. So, Where Is It All Going????
Perhaps the wealthy are getting so OBSCENELY FUCKING RICH, that there's nothing left for the other 98%. Maybe they're the only ones spending so much, and keeping the #'s afloat.

But seriously, there is SOOOOOOOOO MUUUUUUUUUUUUCH going on, that I still can't believe that they are so effective at rigging everything to look good. Halving The Budget? This kind of talk makes you want to go out and get a giant bong, and smoke and smoke and smoke until you pass out, and then dream about this new sort of reality.

As an accountant, and a financial planner, it BOGGLES MY MIND of the difference between their reality, and the reality I learned through my education and career.

They have learned how to manipulate things so effectively, that even something as accepted as "economics" or "financial principles" are turned on their heads. And we get left with "New" explanations of why Debt Is Good. How using the money of the Chinese & Japanese, and borrowing $100,000's of $$$,$$$ to purchase a home, is just fine and dandy.

I just don't know. I still think we're screwed. I still have lots in Cash & Metals. And I still am cutting my exposure to regular stocks, as I can't believe their isn't a collapse coming, and would be a certainty if the Dems win, because I'm willing to bet the repubs have so well placed themselves in power, that many Dow companies have a strong conservative bias, and they won't be happy if the repubs go down to defeat.

Of course, I still am concerned about an election theft, which means 2 more years of rigging the markets and making $$$$$$$$$$ for themselves, while costing the middle class in the process.
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FloridaPat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 08:22 PM
Response to Original message
8. Your title shows how what * said is something different than
what the citizens hear. It didn't say he havled the budget - he halved the deficit that was predicted for this year. The deficit is the money spent beyond what is taken in. They've always predicted it higher than what it comes in as. Now the question is - with Iraq off the budget, is it included in the deficit? If it's not, that would put the deficit up to pretty much what it was last year.

What's really intersting is the number of people who think the deficit is the national debt and when they hear that the deficit is cut in half, they think it's the national debt that is cut in half.
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INdemo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 08:47 PM
Response to Reply #8
9. fixed it
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Justice Is Comin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 08:58 PM
Response to Reply #8
11. Of course it's not included.
They keep hiding it in supplementals. They have been doing it since the first bomb hit the ground.

Iraq is never in the projected deficit. It goes off the chart with mind boggling debt.
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