Thursday, February 09, 2006

Now the truth comes out

Remember during the State of the Union address when our fearless leader stated that his budget plan would cut the federal deficit in half by 2009?

You had to ask yourself how this was going to be accomplished with the continued spending on the 'police action' in the middle east and the tax cuts that have been thrown around by the administration. Basically it comes down to more money going out and less coming in. Well we at TBWA were asking the same thing and now the administration has given us the answer.

The White House has released documents saying that in order to achieve Bush's goal, significant cuts would be needed throughout the rest of this decade to many domestic programs, even some of the Presidents own favored programs. Others that would be cut include Veterans Heath Care and funding for the National Institutes of Health. Many of the affected programs are slated for funding increases in 2007, but would then be hit with drastic cuts in 2008-2010.

Just another case of "look at the shiny object in my left hand and pay no attention to the trickery taking place in the right".

Remember, if it sounds too good to be true, it's probably a lie.

1 comment:

Aaron said...

We need to prepare for the Baby Boomers and start cutting back on government spending. I think Bush’s budget did not go far enough in trimming government coffers.

In about 10 - 15 years, there will be no way that we can afford to pay for Social Security, Medicare, and Medicaid.

We could radically increase taxes. However, this will cripple future generations. We can increase the budget deficit. But it will lead to serious systemic risks to our economy. We should reduce benefits promised during a previous era of prosperity in our country. Of course, we can try a combination of all three, but we would be left with a situation akin to eurosclerosis.

We must make the painful choice of reducing benefits and reshaping Social Security, Medicare, and Medicaid to care for the very neediest in our country. It will be hard, but the demographic trend is inexorable.

Reality shouts that this is not a Republican or Democrat issue.