[ARCHIVED THREAD] - Houston... we have a problem

Posted: 1/19/2004 5:01:58 PM EDT

Or should we say "Crawford... we have a problem".

Bush Wants Increase in Domestic Security Spending

President Bush will propose boosting domestic security spending by about 9 percent in his 2005 budget, congressional sources said on Monday.

{IF IT'S ALL FOR BORDERS SECURITY THEN NO PROBLEMO}

Bush will also propose a five-year, $1 billion increase in NASA's budget, which is now about $15 billion, as part of a new initiative aimed at sending American spacecraft back to the moon and on to Mars.

Bush is also expected to propose $2.5 billion for his Millennium Challenge Account, an aid program set up to reward developing countries which meet criteria on eliminating corruption, respect for human rights and opening markets.

The deficit could top $500 billion this fiscal year alone.

Bush is also expected to propose $2.7 billion in his 2005 budget to combat global AIDS -- disappointing advocacy groups which had hoped for at least $3 billion.

Also on Drudge: Bush will increase Medicare payments to private health plans by a record 10.6% -- five times as large as typical increase in recent years...

The man can't say no!

"A billion here, a billion there - pretty soon it adds up to real money."

Sheesh - I guess there's no problem in America that can't be compounded with more federal spending!!!

But hey - it's only money. Right?

Posted: 1/19/2004 6:33:51 PM EDT

[#1]

Unfortunately, anything & everything is possible when you control the printing presses. And I guess "inflation" (god how I despise that word, call it what it is, devaluation of existing currency, the ultimate hidden tax) doesn't mean that much when you've never worked an honest job and had to worry about your retirement. Blatent pandering for votes, nothing more. Disgusting. But maybe I shouldn't be so bitter, it's only my money and my future we're talking about here...

-Eric

Posted: 1/19/2004 7:20:05 PM EDT

[#2]

This is an uneducated and mildly impaired response, but: RR proved that if you cut taxes, you can in the mid-term (10 -25 yrs) spend as much $$$ as you can contemplate, and things will be OK.

Note: compare present inflation rates with those under Jimmy Carter, when we were all sweating the deficit. My personal view is that the value of the $ should be fixed - not on gold, which we don't control, but on some commodity which the US can produce (or not) at will; in any event, given the current monetary system, deficits coupled with tax-reductions are a winning program politically and economically.

[ARCHIVED THREAD] - Houston... we have a problem

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[ARCHIVED THREAD] - Houston... we have a problem

[ARCHIVED THREAD] - Houston... we have a problem