President Obama gives his weekly “radio” address, talking about the stimulus package, as well as his plan to stem the rising foreclosure tide. He mentions the fiscal summit he is convening, and talks about submitting a budget next week that is “fiscally responsible”. I will try to do a post on the fiscal summit. I can’t help but take up that subject in light of the new found enthusiasm by our Republican posters for balanced budgets.
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Bill Manzi.com 
Your Honor,
Did I miss something? Who is talking balanced budgets?
Jules
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Well I guess my point is that when I wrote about the Bush deficits, about not including war costs in budgets, about giving tax cuts by borrowing the money from China,about hundreds of billions of dollars for bloated farm bills and bridges to nowhere, some posters said aw, don’t worry about deficits, we have been running them forever, its a worn out subject. Might you remember who said that? Now, in what has been widely acknowledged as the correct time to deficit spend to prime the pump we all have become “deficit hawks”. Spend billions to rebuild Iraqi cities and give Halliburton carte blanche to run roughshod over U.S. taxpayers? That hardly warrants a word. But by God spend money on American cities? No way. Might lead to inflation. Rebuild the Iraqi power grid? Yes sir! Billions for that. Rebuild America’s grid to allow energy efficiency? No way. Leave that balkanized and inefficient. Rebuild Iraqi water systems? Billions for that. Help American cities deliver clean water to residents. No way. That is a local concern. Rebuild Iraqi schools? Yes, billions to educate and rebuild educational infrastructure in Iraq. Help rebuild schools in America? No, that has always been something the locals have done. If the locals have no money then let those ceiling tiles hit kids in the head. Might stimulate the educational thought process. Rank hypocrisy, and no one is buying it excepting some far right folks who had too many ceiling tiles fall on their heads.
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Amen, brother Manzi!
Hey, I have an idea: maybe we can get cities declared as terrorist states, then the Air Force can come in and bomb them flat, then Republicans would come into rebuild ’em!
Oh, wait. Wrong President.
-FM
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Your Honor,
I have see this rant before. I checked George Bush in Google and found out he was a federal pensioneer. I guess you are going to have to fight the Iraq war on your own.
Just to remind you, we have recently had an election and your side won handily. don’t you remember?
Billions have been turning into trillions. In the Stimulus Bill all that stuff got out in by Nancy Pelosi and was passed by the Democrats. (1000 pages of a 800 billion spending package was passed with out anyone reading a word. Is that what you would do?)
The Republicans refused to support it because they (and I) think there is very little stimulus to get us out of this economic malaise we are in.
My comment on inflation is related to the fact the “stimulus” bill is not backed by money until its printed or borrowed. I will not argue deficits in view of the 3 or 4 trillion dollars we have already committed.
Inflation is insidious. It should be a concern to all of us.
We will see how the Democrats manage the economy. I certainly hope they do a better job than our local boys.
Jules
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Jules:
Yep. No doubt about it, the Dems have a circus job: cleaning up after the Elephants.
-FM
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Fred,
I don’t understand what you are talking about?
Jules
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Jules:
I had no doubt. I put it down to selective amnesia …
-FM
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Jules,
FM is talking about a Big Top Circus filled with animals that made a gigantic mess of the entire center ring and then left when the going got too rough.
Then, when the new Ringmaster came in with new plans and an answer as to how to clean up the gigantic mess, the animals stonewalled and the mess became bigger. Obviously, the animals wanted the new Ringmaster to fail.
This is not the end of the story–there’s alot more gigantic messes coming from the animals. (Elephants)
L.Done
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