GUMPSPEAK

Only a Republican could brag about a $333 BILLION deficit.

"It's a sign that our tax relief plan, our pro-growth policies, are working," George (Forest Gump with a trust fund) Bush - 7/13/05

"We got to this point largely because of the president's pro-growth policies, especially tax relief," White House budget director, Joshua B. Bolten
(TRUER WORDS HAVE NEVER BEEN SPOKEN-LAST YEAR FEDERAL REVENUE AS A PERCENTAGE OF GNP WAS THE LOWEST SINCE 1959!)

Republicans, the party that has left this country in financial ruin is now bragging about "$333 deficits"!. When Bill Clinton left office four short years ago, there was a $127 BILLION SURPLUS and now you have Gump and the Republican controlled Congress wanting people to stand up a cheer them for the $460 BILLION dollars swing. (For you Republicans without your calculators handy-you take the 333 and add 127)

For those of you who want to learn just how 'conservative' Republicans have NOT been over the last 25 years, see a portion (below) of an earlier post done on Koolaidsubliminal on June 25th, that proves that if you want to include yourself as a 'fiscal conservative', than you're living a lie if you call yourself a Republican. The term 'conservative republican' is an oxymoron, morons!


WHAT ECONOMISTS SAY ABOUT YESTERDAY'S NEWS

"Economists at Goldman Sachs, in a research note on Wednesday, said it agreed with the administration forecast for this year but not for the longer term. The main reasons, it said, were that the jump in tax revenue stemmed largely from one-time gains in the stock market and the elimination of a temporary tax break last year for businesses to invest in new equipment".



The FACTS about 'unconservative' Republicans posted here from 6/25/05

FEDERAL SPENDING
Many people refer to Ronald Reagan as a 'fiscal conservative' and nothing could be further from the truth. In Reagan's 8 years in office his average increase in federal spending was 6.8%. Compare that to Bill Clinton whose average increase was only 3.55%.

When told this many people attempt to excuse Reagan because of the 'Cold War' spending but that's factually incorrect. If military spending had increased only by the rate of inflation during Reagan's 8 years in office, his average increase in spending would still have been 5.76%, still much higher than Bill Clinton.

An often-repeated fallacy is that Bill Clinton cut military spending and that is how he held down federal spending. Military spending was $292 billion per year when he came into office and it was $306 billion in his last year in office. They obviously confuse his record with George Bush the Elder, who in his 4 years in office reduced military spending from $304 billion to the $292 billion mentioned above.

DEFICITS AND THE NATION'S DEBT
Ronald Reagan was a miserable failure when it came to balancing the federal budget with an average yearly deficit of nearly $177 billion and adding $1.4 TRILLION to the nation's debt during his two terms in office. Another fallacy of this era that is usually spouted by Reagan-revisionists was that the "Democrats in Congress made him do it", which is totally ridiculous since the Senate had a Republican majority from 1981 to 1987.

Bill Clinton? Bill Clinton's administration is the only one since Dwight Eisenhower to balance a budget and they balanced four in a row. The amount added to the debt during Clinton's two terms? None. In fact, the cumulative total of his eight budgets was a SURPLUS of $62 billion.

The two George Bush's? If you think you're a conservative and a republican, you don't want to know. But I am going to tell you anyway. George HW averaged deficits of $259 billion a year and George W has averaged an astronomical $328 billion in his first four. Together the two Bush's have added $2.35 TRILLION to the nation's debt in their combined eight years in office.

So that's Reagan's $1.4 TRILLION and the Bush's $2.35 TRILLION for a grand total of $3.75 TRILLION in debt from three presidents that you want to be called 'conservative'?

Keep in mind; the $3.75 trillion is just the principle. The nation's debt is currently $7.7 trillion and all but about a trillion is directly attributed to these three 'conservatives' (sic).

Jimmy Carter left office in 1981, and when he left the nation's debt was $789 billion-now it's $7.7 TRILLION. Bill Clinton didn't add a dime to that debt, so guess who is responsible for almost $7 TRILLION of it? Ronald Reagan, George Herbert Walker Bush and George Walker Bush. Three Republicans and definitely NOT fiscal conservatives!

When you read Koolaidsubliminal, you educate yourself-even if it's not what you want to hear or learn and it exposes all your heroes as the liars they are. You get the FACTS, not hyperbole here.

You're welcome, Yellow Dog.