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Topic: A budget for the future

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All Forums : [General] : Off Topic Forum > A budget for the future
4 FEB 2003 at 4:31pm
Deleted UserPresident Bush is pouring money into the U.S. armed forces and various national defence agencies, the biggest sums seen since the Cold War, and is providing new, huge funds to Nasa and the space industry after the shuttle accident. In addition to that, he is going to attack Iraq shortly with 99% certainty, a campaign not accounted for in the budget.

At the same time he's issuing record-breaking tax reductions, aimed specifically at the richest part of the population, who already have jobs and a nice place to live. That's perfect! Now they can use that money to buy more stuff, the American way!

So, with a smaller income and a bigger debt, where is he getting the money? Simple! He's just going to increase the budget deficit to new never-before-seen levels. Well, that's a good idea! Why worry about tomorrow when you need the cash today? Just let the children pay! And if they don't want to pay, they can just scoop up more money from the bottomless World Bank vault, and let their children pay. Isn't it the most clever idea you've ever seen?!

Well, you do the math... :




4 FEB 2003 at 6:27pm

STooGE4444, EastCoastDoom...

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aptly said petter...only I think Bush should do the math not us...ohhh, wait a second....nevermind....
~rbeeler SVT  &&Name's STooGE$$$$ Valpurgius TNT; it's not PLURAL&&[img]http://www.riseaboverecords.com/sleep/image/sleepfront.gif[/img]&&151.Generally speaking Sludge Doomsters are Angry, Gothic doomsters are sad, funeral doomsters are barely breathing, death doomsters are dirty, drunk and dribbling, Stoner Doomsters don't care, drone doomsters are out of it and traditional Doomsters are permanently pissed off, mainly with other doomsters

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4 FEB 2003 at 7:24pm

Andromus

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I voted for Bush in part because he pledged to shrink government spending, balance the budget, etc. I'm very disappointed in his budget plan -- tax cuts are all well and good, but that's not what the country needs right now. I can understand the budget increases for some things -- who doesn't want to see terrorism reduced? Nevertheless, his overall budget plan is misguided. Here's my prediction -- if this budget passes without a lot of changes, you're going to see a new president in the White House next election.


 


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4 FEB 2003 at 7:49pm

Gayle

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Peter,

Very well said.  Say you don't think he is pouring money into military because he wants to to save the world? and it is not America's world to save.  You all could see this coming, he wants to become the John Wayne of the world.  He wants a legacy, a library.  Can't tell you the ugly tingle I had when he said in his speech we were the chosen ones (ahhhhh, I'll pass on that one).

He is now pouring money into the space project, because he wants the general population to see how generous and what future vision he has.  If you read the reports and then evaluate this recent donation, he is doing this because we will be having elections soon, and since this was a tragedy, he is politically playing on that to get more potential voters.  This program has been pushed to the side for years now and money should have been supplied way before now.

As you know, from any posts I have written to, I am against this war.  If we do go war it is going to stall our economy more that it is stalled today.

Again, I think this is a political move to get the general population on his side for the upcoming election, promising all these tax cuts.  If the general population (including myself) doesn't listen well to what is being presented, they will not realize that the cuts in middle and lower class will amount to nothing.  The rich and fluential people who can help him are going to donate more to back him because he gave them so a generous cut. A favor for a favor.

Was listening to a radio talk host here at work who said the tax cuts should be larger at the top because they contribute more to the economy and business.   That the lower classes really don't need tax cuts because they are making so little and contributing so little to business and taxes. >


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4 FEB 2003 at 8:12pm

Belinda

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What does it say in the Bible?
That the world will end with a war in the Middle East?? :'(

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4 FEB 2003 at 10:37pm

lakerz

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Originally Posted By Gayle (4 FEB 2003 7:49pm)
Peter,
 If we do go war it is going to stall our economy more that it is stalled today.



This may be overgeneralizing, but doesn't a war usually stimulate the economy?
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4 FEB 2003 at 11:25pm

Gayle

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That is what I had always thought too.  Had always heard if you want to stir the economy have a war with someone.

War=Better Economy.

However, listening to a couple different analysts, they predict that this little venture is going to have adverse affect on our economy instead of a positive result.

Perhaps because our economy and unemployment is very bad and a lot of people are not buying and I don't think that going into a war is going to turn that around.  People are scared to spend and I can't blame them and they have lost a lot of their pension plans and savings over the few years. Perhaps, if we had been on an upward swing instead of a down spiral it would boost the economy.  Well, we shall see because I doubt if Bush and his administration are going to change their minds.

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4 FEB 2003 at 11:48pm

szcax

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Originally Posted By lakerz (4 FEB 2003 10:37pm)


This may be overgeneralizing, but doesn't a war usually stimulate the economy?


Bush better hope so!

I'm surprised that he's not advertising the war as an economy stimulus package.
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5 FEB 2003 at 12:02am

Gayle

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Szcax,

That was very funny


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5 FEB 2003 at 12:43am

lakerz

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Not that I would ever imply that starting a war just to boost a sagging economy would be a good decision!  
 I can definitely see the opposite being true in this case.  Regardless, Bush has some tough decisions ahead of him.  
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5 FEB 2003 at 3:26am

Jo

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Don't know about your economy benefitting from a war, although that has often been the case with countries in the past,  however the arms manufactureres certainly will.   I sometimes wonder how many wars have been started for this reason and which "high-profile" business leaders and politicians have shares in the companies manufacturing weapons.

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5 FEB 2003 at 2:06pm
Deleted UserThe weapons industry in the USA is huge, so surely a war will create many job opportunities. It's always been that way with the USA. However, a war also makes the market fearful of the future, so the economy might get hurt anyway. The really important thing is that the war is backed up by the people. When it isn't (like in the case of Vietnam) it will backfire on the government.

If properly motivated by a war, people can create the most amazing things. It's really tragic that some of our greatest technological achievements are products of war. If there had not been a World War 2 and a Cold War, we wouldn't have sattelites and other spacecrafts. We wouldn't have computers and the Internet...
Look at what Hitler did to Germany before the war. He rebuilt their economy. They created the Autobahn. They took a lead in the car manufacturing industry. They did huge advancements in rocket- and nuclear science. Of course he used lots of slave labour to do it, but it's still incredible how well he could motivate people. The end result was horrible, but imagine if someone could repeat this achievment in a democratic, peaceful way.

My opinion is that Bush is playing on the general fear of the population. He's trying to scare the population into believing that if they didn't act like this, Saddam would more or less start World War 3 and America would be swarmed with terrorist attacks. This fear strategy is also at work inside the country. Arm yourself against criminals. Lock your doors at night. Enforce laws that always requires you to show ID's. Create cadres to protect your community etc...

The international relationships between Americans and the rest of the world will not benefit from this. And it seems like more and more Americans are getting worried about that. It's perfectly understandable that you don't want the rest of the world to look down on you. No one wants to see Bush run down the UN, except possibly his biggest enemies. There isn't a day now when the Swedish newspapers doesn't write something negative about the U.S. Even in Great Britain, common people are opposing Prime Minister Blair's relation to Bush more and more.

There is simply no logic in the statement that helping the richest percentage of the people would help the country. These people are (in general) very productive already. How would it help the country to give them more money? Ok, they may spend them on more stuff, and that may create some job opportunities, but they are so few anyway that it won't be many. If instead the big part of the population that are the most poor would get money to spend on more rudementary stuff, it would create lots of new job opportunities. This tax thing is only a stunt to get more people to fund his campaign. And when a country is ruled by people who cares primarily about maintaining power and lets the interests of the population come second, it can not be called a democracy. What politicians seems to forget very easily is that they are not where they are to make decisions for people. They are there to make sure that the people get what they need and they want. In the U.S. the political system is unfortunately designed so that half of the population couldn't care less who wins an election, because none of the candidates are doing anything to protect their interests.

All Forums : [General] : Off Topic Forum > A budget for the future

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