WASHINGTON (AP) — The next president will inherit a record budget deficit of $482 billion, according to a new Bush administration estimate released Monday.
More... (http://ap.google.com/article/ALeqM5gMSVWqL3tikhx7L_ompt0hDXO-5AD9270KNG0)
firstdown
07-28-2008, 04:13 PM
Goverment as a whole has grown and grown and grown. Bush has done somethings I agree with but his spending and exspanding of goverment is not one of them. Its time to reduce all goverment (federal, state, and local) back to what they where suppose to be. I don't think that will happen anytime soon because Obama & McCain seem to be promising the moon to get elected. I guess we will see. Now if Obama wins the Dems can just blame Bush like they say some blame Clinton. Then this can go on and on from election to election until people realise goverment is the problem and not the solution.
dmek25
07-28-2008, 04:43 PM
Goverment as a whole has grown and grown and grown. Bush has done somethings I agree with but his spending and exspanding of goverment is not one of them. Its time to reduce all goverment (federal, state, and local) back to what they where suppose to be. I don't think that will happen anytime soon because Obama & McCain seem to be promising the moon to get elected. I guess we will see. Now if Obama wins the Dems can just blame Bush like they say some blame Clinton. Then this can go on and on from election to election until people realise goverment is the problem and not the solution.
can you say homeland security? and wasteful spending is the earmark this administration has lived by
Slingin Sammy 33
07-28-2008, 05:24 PM
can you say homeland security? and wasteful spending is the earmark this administration has lived by
Budget has to be approved by Congress....after loading it with earmarks. Both sides of the aisle are to blame.
firstdown
07-28-2008, 05:53 PM
can you say homeland security? and wasteful spending is the earmark this administration has lived by
And everyone else who has been to DC in the past years Bush is just part of spending problem. Funny how you pick homeland security as thats one thing I did not consider a waist of taxpayers money. I'm positive there has been plenty of waisted money spent for homeland security but the program its self was not a waist. But I'm sure if Obama gets elected we can just go back to pre 9/11 days as these guys won't hait us anymore and we can just cut all military and homeland security spending and have one hugh hugggggg.
GhettoDogAllStars
07-28-2008, 09:24 PM
Bush has exploited this country and its people to the fullest. He's reckless and ignorant -- a dangerous combination. Homeland Security is the biggest waste of tax dollars I have ever seen. Those of you who think Bush is not to blame for our current situation are just fooling yourselves. Bush is responsible for damn near every problem we face today. It will be such a relief to have him out of office. It still blows my mind that people elected him into office twice. Fools.
Slingin Sammy 33
07-28-2008, 10:15 PM
Bush has exploited this country and its people to the fullest. He's reckless and ignorant -- a dangerous combination. Homeland Security is the biggest waste of tax dollars I have ever seen. Those of you who think Bush is not to blame for our current situation are just fooling yourselves. Bush is responsible for damn near every problem we face today. It will be such a relief to have him out of office. It still blows my mind that people elected him into office twice. Fools.
IMO here are the biggest problems we face today:
1) Dependency on foreign oil
2) Threat of terrorist strikes
3) Overspending by government (pork, unnecessary regulation & programs)
4) Social programs (SS & Welfare) that will either bankrupt the government or go bankrupt themselves unless real solutions are implemented.
There are many more, but these are the first major ones that come to mind. How is President Bush responsible for these problems? Has he contributed to some, certainly, but there is a Congress. Bush is not a monarch. Don't we as the people that elect Congress and the President bear some of the responsibility as well?
70Chip
07-28-2008, 11:04 PM
The fault is not in the stars but in ourselves. We don't care about fiscal responsibilty so of course our representatives dont either.
Cassius:
"The fault, dear Brutus, is not in our stars,
But in ourselves, that we are underlings."
GTripp0012
07-28-2008, 11:20 PM
At some point in Bush's first term, they just decided that a balanced budget isn't all that important. I totally disagree with that, but this wasn't a case of presidential incompetence, just that no one bothered to even attempt to balance expenses with revenue (a conscience decision).
If this debt never really comes back to bite us, we can say that congress and the Bush Administration were right on this one. But, I'm pretty sure it will bite us in the balls sooner or later.