Friday, September 16, 2005

 

Tom Delay, Idiot

OK, so there's this quip:

House Majority Leader Tom DeLay said yesterday that Republicans have done so well in cutting spending that he declared an "ongoing victory," and said there is simply no fat left to cut in the federal budget . . . Asked if that meant the government was running at peak efficiency, Mr. DeLay said, "Yes, after 11 years of Republican majority we've pared it down pretty good."

Which Billmon counters with this graph:Or we can look at it this way:
If this is really the best we can do, we're totally fucked. Since we're running a large deficit at this spending level, then the only thing to do would be to raise taxes, or hold spending constant until economic growth provides enough income at current taxation levels. What are the odds of one or both of those happening? Pretty damn low, I'd dare say.

I feel truely sorry for whatever generation ends up with the debt that's being passed down due to our politician's inability to figure out how to balance expenditures against income. And I'm truly pissed at our citizens, who continue to vote for said politicians.

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