Sunday, February 13, 2005

Bush Budget Deficit 660 Billion ? Did you pull that number out of your ass ?

Read above.

Now see the pretty picture below.



Assuming goat understands how to read a simple graph, you guys can draw a conclusion.
You know, I hate it most when people talk about American Politics, because what they say is what they see on newsweek, times, Washington Post etc etc. Those people who write those articles are liberal biased. And do you know what actually a budget deficit is ? It is not the same as a trade deficit, which I suspect what Goat is actually saying (even that would be ridiculous, but in a different way from this). A budget deficit refers to when you go overbudget on something. Even a young kid can tell you that. It does not mean that America owes $660 million to "someone". It means America overspent.

Now why did they overspend ? Actually it was made to look that way, because of Bush's tax cuts. What Bush did, was cut taxes on the higher income people. They paid 27 - 38.6 % of their income on taxes, while the lower income paid 10 - 15 %. What Bush did was cut the tax rates by 2 % for that upper bracket of people. That is why there is a deficit, cause the government was letting people keep more of their money, instead of letting liberals spend it on "art work" like shit smeared on mother mary.(That was federally funded) In Singapore terms, it would be the government paying Chicken S$20,000 to take pictures of me vomitting.

Now do you understand ? Stop getting your views on American Politics from www.newgrounds.com and starting making your own opinions, or shut up about the whole thing.

Oh, and Bon Voyage on the UNSW thing, lets keep in touch.

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