Thread Midlife Erections

psst, shrank the deficit from the record high created the previous year by the same administration. title is misleading; spending was not cut. they just took in more money so that the deficit wasn't as high. the "Reduced spending" was the result of overestimating the cost of the 787 stimulus so moving the goalposts allowed them to say "hey we're not going to spend as much as we thought we would so we're going to count that the same as actually spending less than before"

Where are you getting this from?
 
Treasury's TARP, AIG Bailout Costs Fall to $30 Billion
http://finance.yahoo.com/banking-bu...out-costs-fall-to-30-billion?mod=bb-budgeting

The price to taxpayers of the bailouts and financial rescue of 2008 and 2009 continues to fall sharply. In figures to be released later today, the Treasury Department will report that the final net cost of the TARP is expected to be about $50 billion,Yahoo! Finance has learned. Add in expected returns from Treasury's interest in insurance company AIG, and the final net cost will be closer to $30 billion.

The news of the shrunken cost, which comes on the two-year anniversary of the legislation that created TARP, represents a dramatic improvement. It highlights the resilience of the markets, as well as the folly of short-term financial projections. In August 2009, the TARP cost was projected to be $341 billion. In its mid-session review, released in August of this year, the Office of Management and Budget projected the total cost would come to $91 billion.

:clap: good to see you praising things that bush did
 
Where are you getting this from?

from the article you just posted

The government took in three percent more revenue in 2010 than a year ago, at 2.162 trillion dollars. It was the first time receipts had increased after two years of decline.

"By carefully managing the emergency initiatives to stop the financial panic and by accelerating our exit from those investments, we have significantly lowered the cost to taxpayers, bringing the costs of the financial rescue down by more than 240 billion dollars this year."

and the second one that you just linked. read the whole things, not just the size 7 titles.
 
Fuck Bush, and fuck everything he did to the US during his term. Seriously, fuck him in his fucking ass.

The only thing he could have possibly done for this country that would have been good is convince his daughters to do porn.
 
seems like a good place for this

20100926.gif
 
Here's a list of everything he's reduced or eliminated spending on this year or will next year: (This is not a debate as to what is needed or not, but simply proof that he has reduced spending)

Anthrax Vaccine Research, Department of Health and Human Services
B.J. Stupak Olympic Scholarship, Department of Education
Brownfields Economic Development Initiative, Department of Housing and Urban Development
Bureau of Labor Statistics - International Labor Comparison Program, Department of Labor
Byrd Honors Scholarship, Department of Education
C–17 Transport Aircraft Production, Department of Defense
Challenge Cost Share Grants, Department of the Interior
Children and Families Services’ Job Demonstration Program, Department of Health and Human Services
Christopher Columbus Fellowship Foundation
Constellation Systems Program, National Aeronautics and Space Administration
Delta Health Initiative, Department of Health and Human Services
Denali Commission, Department of Health and Human Services
Economic Action Program, Department of Agriculture
Election Reform Grants, Election Assistance Commission
Emergency Operations Center Grant Program, Department of Homeland Security
EP-X Manned Airborne Intelligence, Surveillance, and Reconnaissance Aircraft, Department of Defense
ESEA Consolidations, Department of Education
Harry S. Truman Scholarship Foundation
Health Care Facilities and Construction, Department of Health and Human Services
Health Care Services Grant Program, Department of Agriculture
High Energy Cost Grants, Department of Agriculture
Historic Whaling and Trading Partners, Department of Education
Inter-City Bus Security Grant Program, Department of Homeland Security
Joint Strike Fighter Alternate Engine, Department of Defense
LANSCE Refurbishment, Department of Energy
Legal Assistance Loan Repayment, Department of Education
Leveraging Educational Assistance Partnership Program, Department of Education
Local Government Climate Change Grants, Environmental Protection Agency
Multifamily Housing Revitalization Demonstration Program, Department of Agriculture
Navy CG(X) Cruiser, Department of Defense
Net Enabled Command Capability (NECC), Department of Defense
Public Broadcasting Grants, Department of Agriculture
Public Telecommunications Facilities Grants, Department of Commerce
Rail Line Relocation Grants, Department of Transportation
Rehabilitation Act Program Consolidations, Department of Education
Resource Conservation and Development Program, Department of Agriculture
Rural Community Facilities, Department of Health and Human Services
Save America’s Treasures and Preserve America (NPS), Department of the Interior
Surface Transportation Priorities, Department of Transportation
Targeted Airshed Grants, Environmental Protection Agency
Targeted Water Infrastructure Grants, Environmental Protection Agency
Tech Prep Consolidation, Department of Education
Third Generation Infrared Surveillance Program (3GIRS), Department of Defense
Unconventional Fossil Technology Program, Department of Energy
Underground Railroad Educational and Cultural, Department of Education
Voice of America, Broadcasting Board of Governors
Water and Wastewater Treatment, Corps of Engineers
WATERS Network, National Science Foundation
Watershed and Flood Prevention Program, Department of Agriculture
Yucca Mountain Nuclear Waste Repository, Department of Energy

Agricultural Research Service Buildings and Facilities, Department of Agriculture
Alaska Conveyance, Department of the Interior
Bureau of Labor Statistics - Current Employment Statistics, Department of Labor
Bureau of Labor Statistics - National Compensation Survey (Includes Locality Pay Surveys Component), Department of Labor
Bureau of Public Debt, Department of the Treasury
Capital Improvement and Maintenance Program, Department of Agriculture
Commission of Fine Arts
Community Facilities Grants, Department of Agriculture
Emergency Steel Guaranteed Loan Program, Department of Commerce
EPA Homeland Security Activities, Environmental Protection Agency
Expeditionary Fighting Vehicle, Department of Defense
Fair Housing Activities Program, Department of Housing and Urban Development
Financial Management Service, Department of the Treasury
Great Lakes Restoration Initiative, Environmental Protection Agency
Hazardous Fuels Reduction, Department of the Interior
HOME Investment Partnerships Program, Department of Housing and Urban Development
Housing for Persons with Disabilities, Department of Housing and Urban Development
Housing for the Elderly, Department of Housing and Urban Development
Information Technology Efficiencies, Department of the Interior
Light-Duty Sedans Added to the FBI’s Fleet, Department of Justice
Low-Priority Corps Construction Projects, Corps of Engineers
National Heritage Areas, Department of the Interior
North American Wetlands Conservation Grants, Department of the Interior
Right-size Component Personnel Travel Budgets, Department of Justice
Strategic Sourcing, Department of the Interior
Travel and Relocation Reform, Department of the Interior

Abandoned Mine Lands Payments to Certified States, Department of the Interior
Advanced Earned Income Tax Credit, Department of the Treasurer
Expensing of Exploration and Development Costs
Percent Depletion for Hard Mineral Fossil Fuels
Royalty Taxation
Domestic Manufacturing Deduction for Hard Mineral Fossil Fuels
Commodity Storage Payments, Department of Agriculture
Entitlements for Financial Intermediaries Under the Federal Family Education Loan Program,Department of Education
Grants to Manufacturers of Worsted Wool, Department of Commerce
Oil and Gas Company Tax Preferences
Repeal Enhanced Oil Recovery Credit, Department of Energy
Repeal Expensing of Intangible Drilling Costs, Department of Energy
Repeal Deduction For Tertiary Injectants, Department of Energy
Repeal Exception to Passive Loss Limitations For Working Interests In Oil and Natural Gas Properties, Department of Energy
Repeal Percentage Depletion for Oil and Natural Gas Wells, Department of Energy
Repeal Domestic Manufacturing Tax Deduction for Oil and Natural Gas Companies, Department of Energy
Increase Geological and Geophysical Amortization Period for Independent Producers to Seven Years, Department of Energy
Oil and Gas Research and Development Program, Department of Energy
Telecommunications Development Fund, Federal Communications Commission

Commodity Payments to Wealthy Farmers, Department of Agriculture
Market Access Program, Department of Agriculture
Terrorism Risk Insurance Program, Department of the Treasury
Uniform Criteria for Special Monthly Pension, Department of Veterans Affairs

FECA Reform, Department of Labor
 
seems like a good place for this

20100926.gif

Very. simply stating that spending has been cut or that the deficit has gone up does nothing but make for neat headlines that media outlets capitalize on. The system is too complex and anyone saying that either party has been worse than the other needs to stfu.
 
Very. simply stating that spending has been cut or that the deficit has gone up does nothing but make for neat headlines that media outlets capitalize on. The system is too complex and anyone saying that either party has been worse than the other needs to stfu.

The truth is that presidents have very little leeway on things anymore, simply because you can't upset this giant house of cards we've created. Neither side can do anything. And since you can't get to the top without being dirty anyway, no one wants to.
 
The truth is that presidents have very little leeway on things anymore, simply because you can't upset this giant house of cards we've created. Neither side can do anything. And since you can't get to the top without being dirty anyway, no one wants to.

Also true. Its gonna be a hoot now that this year the first of the baby boomer generation starts retiring.
 
By far the Republicans have been worse. That's not even questionable. They rooted this countries economy.

I'm not saying the Democrats are angels, but it's as clear as day who is the worst of the two.
 
Also true. Its gonna be a hoot now that this year the first of the baby boomer generation starts retiring.

Yeah, its gonna get harder and harder to rape the Social Security fund for cash. No one cares tho, as long as they get reelected every 2-6 years. Part of me wonders if our government would be vastly different if electable positions were held for 10-15 years and couldn't be reelected.
 
By far the Republicans have been worse. That's not even questionable. They rooted this countries economy.

I'm not saying the Democrats are angels, but it's as clear as day who is the worst of the two.

I disagree. The rug just happened to be pulled while Republicans were in office. Thankfully, the government doesn't control the free market as much as people would like it to (and as discussed previously, its still too much for me, but whatever).
 
Yeah, its gonna get harder and harder to rape the Social Security fund for cash. No one cares tho, as long as they get reelected every 2-6 years. Part of me wonders if our government would be vastly different if electable positions were held for 10-15 years and couldn't be reelected.
Indeed, but term limits will never be instituted. At least not without another pay increase.