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CBO: Obama budget underestimates deficits by $2.3 trillion over upcoming decade
#6
tvtimeout Wrote:Have you ever read Glenn Beck's book Broke I read it over the weekend. An interesting read and his take on history.

Before G.W. Bush took President, didn't we have a surplus? Did you count that along with the deficit? I am just asking?

Somehow though it will ultimately be someone else's fault, because the R's can never do wrong....
You are sounding like a broken record. Try as you might, you cannot absolve yourself of the guilt of supporting the national Democratic Party in the past. Bill Clinton deserves credit for the brief balanced budget agreement that he reached with House Republicans. However, those House Republicans also deserve some credit for keeping the pressure on Clinton.

If you look at spending as a function of the party controlling the House, you will see that spending accelerates when Democrats snatch control of the nation's purse strings. The past two years, with Democrats controlling both Houses of Congress and the White House is a recipe for disaster and the CBO's report bears out that fact.

As for Beck, I can only take him in small doses and I prefer getting my economics lessons from economists whom I trust. Beck is a smart guy but at the end of the day, he is an entertainer. My favorite talk show host is Neal Boortz, who is a libertarian and one of the chief advocate of the Fair Tax proposal.
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CBO: Obama budget underestimates deficits by $2.3 trillion over upcoming decade - by Hoot Gibson - 03-21-2011, 06:19 PM

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