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Tanya Senior Chief Petty Officer
Joined: 13 Aug 2004 Posts: 570
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Posted: Sun Jul 17, 2005 8:07 pm Post subject: Bush well on way to meeting deficit promise |
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By Michael Barone
"So the deficit—the federal budget deficit—is declining sharply, more sharply than just about anyone in mainstream media anticipated. According to figures from the Office of Management and Budget, the deficit is projected to decline from $412 billion in 2004 to $333 billion in 2005, a 19 percent decline. OMB further projects, obviously with less certitude, that it will decline to $162 billion in 2008.
If so, that will mean that George W. Bush will have more than kept his promise to cut the deficit in half in his second term. Back in February, OMB projected a 2005 deficit of $427 billion."
http://www.usnews.com/usnews/opinion/baroneweb/mb_050715.htm |
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Navy_Navy_Navy Admin
Joined: 07 May 2004 Posts: 5777
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Posted: Sun Jul 17, 2005 8:34 pm Post subject: |
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So OMB actually projected a deficit for 2005 which was even higher than the 2004 deficit?
Is EVERY department and office and bureau in our government devoted to undermining conservative presidents? _________________ ~ Echo Juliet ~
Altering course to starboard - On Fire, Keep Clear
Navy woman, Navy wife, Navy mother |
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GM Strong Master Chief Petty Officer of the Navy
Joined: 18 Sep 2004 Posts: 1579 Location: Penna
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Posted: Sun Jul 17, 2005 11:49 pm Post subject: |
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Navy_Navy_Navy wrote: | Is EVERY department and office and bureau in our government devoted to undermining conservative presidents? |
No, they are just myopic and incompetetant on economics. (_!_) _________________ 8th Army Korea 68-69 |
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dusty Admiral
Joined: 27 Aug 2004 Posts: 1264 Location: East Texas
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Posted: Mon Jul 18, 2005 1:05 pm Post subject: |
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Quote: | No, they are just myopic and incompetetant on economics. |
That's why they work for the goverment. Who else would hire them or keep them employed?
Dusty |
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Deuce Senior Chief Petty Officer
Joined: 19 Mar 2005 Posts: 589 Location: FL
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Posted: Mon Jul 18, 2005 8:08 pm Post subject: |
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Navy_Navy_Navy wrote: |
Is EVERY department and office and bureau in our government devoted to undermining conservative presidents? |
YES....it would take at least 20 years to 'change administrations' unlike states where more civil servants serve at the pleasure of the governor...
Deuce |
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