Here's a clue:
This crap did not work on Arnold, and it won't work on GW.

With the Lord's and GW's help, we'll make it through this Clinton deficit!

"Arf Arf" wrote in message
...
Bush's Economic Growth Forecast Called 'False'

From Bloomberg News


WASHINGTON --

Comptroller General David M. Walker on Monday disputed as "flat false"
President Bush's forecast that economic growth spurred by tax cuts
will help shrink the federal government's annual deficits.

The nation must make "tough choices" on taxes and spending over the
next eight years before baby boomers begin to retire and start
collecting Social Security benefits, said Walker, head of the
congressional watchdog Government Accounting Office.

Bush has argued that by 2006, growth prompted by his $1.7-trillion tax
cut plus spending cuts will pare deficits in half.

The U.S. budget deficit has more than doubled to a projected $455
billion for the 2003 fiscal year, which ended last week, government
figures show.

"The idea that this is manageable or that we are going to grow our way
out of the problem is just flat false," Walker said.

"Even if we repeal all the tax cuts, you are still going to have to
make tough choices."

There's a danger of recurring budget deficits "putting upward pressure
on interest rates," which would stall economic growth, he said.

"You could argue that deficits are already affecting them, as some of
them have gone up in the past few months."

Reducing budget deficits by 2006 will be only a temporary solution
because the biggest financial obligations will start in 2011, when
baby boomers start to retire, Walker said.

"The ratio of people who are of working age to people of nonworking
age is changing indefinitely," he said.


--
Questo messaggio e' stato inoltrato automaticamente
da un paio di anonymous remailer. Il mittente originale
e' sconosciuto e non identificabile. Datevi pace.

Here's a clue:
This crap did not work on Arnold, and it won't work on GW.

With the Lord's and GW's help, we'll make it through this Clinton deficit!

"Arf Arf" wrote in message
...
Bush's Economic Growth Forecast Called 'False'

From Bloomberg News


WASHINGTON --

Comptroller General David M. Walker on Monday disputed as "flat false"
President Bush's forecast that economic growth spurred by tax cuts
will help shrink the federal government's annual deficits.

The nation must make "tough choices" on taxes and spending over the
next eight years before baby boomers begin to retire and start
collecting Social Security benefits, said Walker, head of the
congressional watchdog Government Accounting Office.

Bush has argued that by 2006, growth prompted by his $1.7-trillion tax
cut plus spending cuts will pare deficits in half.

The U.S. budget deficit has more than doubled to a projected $455
billion for the 2003 fiscal year, which ended last week, government
figures show.

"The idea that this is manageable or that we are going to grow our way
out of the problem is just flat false," Walker said.

"Even if we repeal all the tax cuts, you are still going to have to
make tough choices."

There's a danger of recurring budget deficits "putting upward pressure
on interest rates," which would stall economic growth, he said.

"You could argue that deficits are already affecting them, as some of
them have gone up in the past few months."

Reducing budget deficits by 2006 will be only a temporary solution
because the biggest financial obligations will start in 2011, when
baby boomers start to retire, Walker said.

"The ratio of people who are of working age to people of nonworking
age is changing indefinitely," he said.


--
Questo messaggio e' stato inoltrato automaticamente
da un paio di anonymous remailer. Il mittente originale
e' sconosciuto e non identificabile. Datevi pace.