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Larry Jaques Larry Jaques is offline
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Default OT WashPost: Plenty of blame to go around for budget deficit

On Wed, 10 Jun 2009 08:32:32 GMT, the infamous Stealth Pilot
scrawled the following:

On Tue, 09 Jun 2009 23:29:30 -0500, Ignoramus4197
wrote:

I like this paragraph:

http://www.nytimes.com/2009/06/10/bu...t.html?_r=1&hp

There are two basic truths about the enormous deficits that the
federal government will run in the coming years.

never be misled by the bull****.
a deficit is when the government's expenditure exceeds its income.
a surplus is when the government didnt spend all it raised in income.

if taxes were fixed, ie the government only received a fixed income,
then the deficit/surplus stuff would mean something.

it doesnt because a surplus means you were taxed more than needed but
wont get a refund. a deficit means taxes will rise anyway.
either way you are worse off.

a small efficient government is the dream!


Instead, what we got was Obamaruptcy. (Holman Jenkins' word.

--
The doctor can bury his mistakes, but an architect
can only advise his client to plant vines.
--FLW