Feb. 5, 2007: ...earlier today the President transmitted to the Congress the FY 2008 five-year budget. It contains good news for the American people. It includes a balanced budget over five years, while meeting the nation's priorities.
...I was thinking, this is positive. Maybe Bush is actually doing something right, getting things turned around and at least headed in the right direction. Then it dawned on me, I'm drinkin' the Kool-Aid. It's just smoke and mirrors, a BushCo snow job.
Richard Calderhead at Itsez has some comments worth consideration:
UNCLE SAM: ARE WE (REALLY) BROKE?
February 6: Average Americans will wake up today with the Good News: Bush is declaring a New Budget...that will Reduce the Deficit. And...(best news of all...No New Taxes!)...
According to Steven Rattner, NYTimes today, America is in really, really deep trouble. There is Red Ink stretching so far into the future it is nearly unimaginable to conceive of a way to get our national budget balanced!
How can this POSSIBLY be? WE are supposed to be America...the Land of Untold Riches and Prosperity (for...well, NEARLY all.)...
Bush has only been in office for 6 years...but he has radically worsened an already bad situation...which was CREATED by Ronald Reagan...on purpose...to Destroy America's Social Contract.
We will accept Rattner's numbers...so get this:
In 2006, we collected $185 billion more in Social Security than we paid out! Surprised? Well, there are a couple of problems with that fact.
1. First, you would ASSUME that SS payments would go into a SS Savings Account, to accrue interest to pay FUTURE payments? Wouldn't you? (Most Americans more or less believe this.)
Think again. That HUGE SS SURPLUS is swept up by Bush and used to make the current operating deficit appear smaller than it is.
2. Next...forget this current Surplus. We find out that Bush, Inc., is blithely LYING TO US (again)...and that we would need to put aside RIGHT NOW no less than $39 TRILLION...just to pay for Social Security, Medicare and OTHER payments already promised!
Quick now: Where will Uncle Sam EVER get a quick $39 TRILLION?
We have a few other pressing problems that need to be taken care of NOW. Put them all together and we see Ol' Sam in an entirely new light. Broke. Busted. And begging for cash to keep the country afloat.
Now...ask yourself: Is THIS what you read about every day in your local newspaper...or your favorite weekly? Not even Lou Dobbs is talking about it.
The word "Deficit" is made small ON PURPOSE...because it is swallowed up by all the other, more "pressing" problems we face.
Now do keep this in mind: If we fail to deal with this, in a systematic basis...and do it as a National Priority...we are headed for unimaginable troubles.
EXCEPT...that, once again, the Fat Cats will slip on by...and go their merry way, unaffected by the carnage they are creating. THEIR money, safely tucked away in Zurich or the Caymans...through various tax shelters you are not privvy to...will sustain them in the hour of need.
Only YOU, Suckers, will take it on the chin. As millions of American are hurting even as we speak.
And, saddest of all, your kids already BELIEVE that Social Security is doomed; they ACCEPT the failure (blaming it on Greedy Old Foggies and fumble-bumble DEMOCRATS!!!) and they ASSUME that...something "New" and "Smart" and "Modern"...will need to be put in its place.
In other words...they've Bought The Kool-Aid!
Itsez does not for a minute believe the Solution is easy. First, the Entrenched Interests will need to be rolled back. And THAT'S not going to be any walk in the park.
I knew this, just needed my daily wake-up call.