{Stolen from an email I wrote}
This is all fluff. They can count the beans anyway they want. It’s all a sham. In my mind, the key is “monetary inflation” and the Total Federal Spend. They can josh us all they want about this measure of that.
Did the Federal Total Spend go up? Don’t forget to include the unfunded mandates levied on the states. Don’t forget the “benefits” that have been promised. Don’t forget the off budget monsters like the misnamed Social Security Insurance ponzi scheme that you and I are going to try to collect on. Don’t forget the various wars that the politicians are waging and we have to pay for (i.e., poverty, drugs, terror, Iraq, Afghanawhere). Don’t forget the off budget commitments that are made to the UN, the various treaty organizations, and the myriad of NGOs that have their hands in our pocket.
It is just amazing to me that the economy can continue to produce even under the staggering load of tax, regulation, inflation, “laws”, and “mandates”. I can’t imagine what it would be like to be in an environment without all of this force. Imagine keeping all you earn? There’d be immediate pay increases for the 10% employer SSI match. There’d be price decreases as the costs that businesses pass along disappear. And, we wouldn’t have people trying to force their views via laws on us.
Sigh. Time to move to New Hampshire.
Fjohn
—–Original Message—–
From:
Sent: Wednesday, July 12, 2006 8:43 AM
Subject: Taxes Cut, Deficit–not Sky–Falls
Liberals wrung their hands when President Bush first proposed tax cuts
back in 2001. It would ruin the economy and balloon the deficit, they
wailed. Now, we are seeing the deficit falling rapidly. This year’s
deficit of $296 billion is 30 percent lower than projected just last
February. That’s a $127 billion decline from that February forecast.
Revenues have increased, accounting for 90 percent of the deficit
reduction. This is an historic moment and President Bush is right to
call attention to the success of his pro-growth economic policies.








