Beefy said:Just a reminder to you so called conservative Bush and Congress backers.
The Federal government will spend $88,787 per second, 24 hours per day, 365 days for 2007. This does not include the Iraq expenditures.
Just an FYI. That's Republican Conservatism for you.
DigitalDave said:They act like a poor materialistic person who can't afford shit but has to have the latest thing, so they buy it on credit expecting to pay it back later, only to find out they can't pay it back. A bunch of assholes...
Immanuel said:Well, not that it makes much difference but a good part of that is locked in from year to year and there is nothing that the current administration can do about it. That does not excuse them because they are just as guilty as anyone else in allowing it to get so high in previous years.
Immie
Care4all said:if so, why didn't the repubs just ''lock in'' the same overall spending as they did during the clinton years?
i disagree with you i think....
we had balanced the budget, including these fixed expenses for three years in a row, before Bush/republican reign....an estimated 5 trillion dollar surplus to come....of which the republicans took, and returned back to the ''people'' via Bush's first tax cut proposal....
regardless of this, you don't go from spending 40k a second to 88k a second in spending without a CONCERTED EFFORT to OVERSPEND.....imho.
Immanuel said:You must not have understood this part, "but a good part of that is locked in from year to year". I did not say all of the spending simply a good part of it.
Immie
Immanuel said:I would agree with this except for one thing. They don't expect to pay it back later. They have found the ultimate credit card. They realize that it is our grandchildren that will have to pay for their spending. They won't ever have to deal with it as long as they can keep the credit coming.
Immie
Beefy said:Remember that liberal all spender Clinton? Well, the "conservative" Republican congress and W are spending about $25,000 PER SECOND more than his ass. Conservitives rule right?
Cypress said:I don't know where the myth of the fiscally responsible "conservative" comes from. If you look at actual empirical data for the last half century, Democratic adminstrations and congress' spend less on average.
Republicans love big government and deficit spending. Its just they their priority is spending on military, war, and corporate welfare.
And no, the argument that bush is a "liberal" aberation doesn't fly. He's been supported almost 100% by virtually all the republicans in congress. This is, in fact, how republicans govern.
klaatu said:I agree ..this President and his republican cohorts are very "liberal" with their spending habits ...
Fortunately Clinton and a Newt led House were exteremely fiscally responsible.
Reagan on the other hand ... with a Democratically controlled Congress had difficulties coming to an agreement on spending priorties ...
See Reagan believed the Government shouldnt spend more than it takes in ... and he also understood the need to rebuild the Military... lower the top tax bracket from 70% down to 28% .. because clearly that would empower Business...which it did... but the Democratically controlled Congrees didnt know how to adjust their spending habits according to what was coming in ...
Even though revenue was increasing because of the growth of business and investment ...they were spending like.... drunken sailors!
But you are right ..this Republican Congress is the worst yet .. no argument here....
Nah, I'd have got the exact same result. The state went for GWB...