Who is more overhyped? Obama or Zenyatta?

[timmgirvan]

Originally Posted by Riot

Just more bad news for the GOP. The ultra-conservative paranoids will kill it off completely as a political force. The moderate GOP recognize this and are already trying to distance themselves now.

....yawn....sigh....

[Cannon Shell]

http://abcnews.go.com/Business/Polit...d=ESPNheadline

You cant make some of this stuff up. It was becasue of Bush according to the White House.
"The FY2009 deficit was largely the product of the spending and tax policies inherited from the previous administration, exacerbated by a severe recession and financial crisis that were underway as the current administration took office," the Treasury Department and Office of Management and Budget said in a statement.
So sayeth the biggest spending administration in history. Nothing like passing the buck,pardon the pun.

Then they go on to say how wonderful they have done since the number is less than what they projected in Feb. So if you make a high projection that turns out to be wrong, we will now gloat about how well we are doing?

"This year's deficit is lower than we had projected earlier this year, in part because we are managing to repair the financial system at a lower cost to taxpayers," Treasury Secretary Tim Geithner said in a statement. "But future deficits are too high, and the President is committed to working with Congress to bring them down to a sustainable level as the economy recovers."

Not we originally had bad projections (kinda like the unemployment forecast?) but look at what we are doing to help you!!! How there will be a lower cost to the taxpayers remains a mystery.

The Obama administration has blamed over half of the projected deficits over the next decade on the Bush White House for not following the pay-as-you-go principle. The cumulative 10-year deficit, the Obama administration has said, would be $5 trillion lower if their predecessors had followed these rules. In 2008, the budget deficit was $459 billion.

So under Bush the deficit was 1 trillion dollars less yet it is his fault for this year and the next 10 years too? So maybe Clinton is to blame too since he was President less than 10 years ago?


"We are going to run fiscal policy in this country consistent with that basic objective of going back to living within our means," Geithner said.


Tell to Congress Timmy. I'm not exactly who "we" is.


Asked at a September town hall meeting conducted by CNBC if bringing down the deficit could mean tax hikes, Geithner replied, "We're going to do it in ways that do not add to the burden on middle-class Americans."


That isn't exactly an answer to the question is it? Who exactly pays for this supposed reduction?



I'm sure no one else cares but I'm bored