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If one removes the Receipts and Disbursements
for Social Security and Medicare how much would the SURPLUS or DEFICIT be
then???
Bard
----- Original Message -----
Sent: Tuesday, June 27, 2000 3:16
AM
Subject: [freedomfight] Delusions of a
Clinton Legacy?
After factoring in "off-budget spending" (don't you just love that term?),
the phony "surplus" is really a deficit in the neighborhood of $100 billion+
and growing. Despite the overall hemorrhaging of red ink, in the *actual* FY
2000 cash budget, all politicians can go home and pretend to be heroes as
"off-budget expenditures" increase far out of proportion to budgeted items
.... Oh -- and let's remember to pretend we have low inflation too
.... but .. increasing gas prices? No problem -- we throw out or vastly
reduce the gas price component when oil prices shoot up ... and viola ...
low inflation! Pretty cool, eh?! Almost as nifty as making
legislation by executive orders, but even easier......ain't it great living in
Wonderland?
.... and now, for our next trick .....
We X-ers & Boomers get to pay dearly for today's spending binges ....
if America lasts that long ... and when all the big money eventually shifts
from U.S. Treasuries into more stable Euros, look for an FDR-style
depression to descend. Then the sheeple will ask "hey, how'd we lose
everything?"
We can thank our Communist-in-Chief and all his economic witchdoctors who
kept the facts hidden for 8 years.... maybe this explains why Clinton plans to
enjoy his "legacy" from his new home in Great Britain (or will it be
China?).
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