Bias or bad at math
Rich:
Only in America can a President announce a budget that adds 7.5 trillion dollars to the National debt over 10 years and have his lapdogs in the media call it 1.1 trillion dollars in debt reduction.
Sort of like how every time a state proposes a budget. And in that budget, there’s an increase in spending of 3%. But they were expecting an increase of 6%. So, they call that a cut. Because they’re retarded. Or think you are.
February 15th, 2011 at 10:17 am
It’s called baseline budgeting. The only reason anyone gets away with calling a less-than-expected-increase a cut is, as he says, the lapdog media goes along with it. When do you think we’ll see a headline along the lines of, “President Proposes Adding $7.5T to Deficit While Claiming to Cut Budget”? Uh, never.
February 15th, 2011 at 10:27 am
Any corporation that did it’s accounting the way the government does would be arrested and charged with multiple felonies, including fraud. Why do we continue to let the government get away with it?
February 15th, 2011 at 10:32 am
Only debt reduction comes from closing that mythical “tax loophole”.
Asshats! We need to fire every damn one of them!
February 15th, 2011 at 12:20 pm
Stopping rising debt by closing the “tax loophole” is like stopping “gun crime” by closing the “gun show loophole.”
February 15th, 2011 at 3:07 pm
I remember getting out of debt once about 15 years ago. My wife and I stopped spending as much money as we were and we sold some stuff to pay off the debts. Could we at least try that for a few years and see how it works out?
February 15th, 2011 at 4:04 pm
We did that in the late ’90s. Shame that it got undone.