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Old 01-26-2004   #1
Buff
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Join Date: Nov 2002
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From the "ad":
Quote:
Guess who is going to pay off President Bush's $1 Trillion Deficit.
Not that I would expect leftist public "school" graduates to have any inkling about economics or civics, but it seems to me that Congress proposes the budget, and has the ability to overturn a President's veto of it, making all budgets, de facto, the Congress' responsibility, not the President's.

In other words, the Congress has the ultimate ability to set the budget, not the President.

Also, we do not pay off "deficits" -- we pay off debts. Very important distinction. The DEBT is now over $7 Trillion. So if "Bush's" deficit is $1 Trillion, our kids will be paying off someone else's $6 Trillion.

Anyway, sloppy thinking leads to sloppy analysis and meaningless results -- like this ad, which if played would only serve to increase ignorance.
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