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October 18, 2004

Must-Read for Fiscal Conservatives: The Budget Ain't As Bad As You Think

There's no denying that Bush hasn't been very good at keeping down spending, but Larry Kudrow notes that he's actually not as bad as widely perceived:

The latest budget numbers closing out fiscal year 2004 show slower spending growth, stronger tax receipts, and a $413 billion deficit that came in about $100 billion less than the Office of Management and Budget predicted at the start of the year and $64 billion lower than the Congressional Budget Office estimate.

Overall, according the Treasury Department, tax receipts increased 5.5 percent in fiscal year 2004 compared to a 3.8 percent decline in fiscal year 2003. Income-tax withholdings gained 2.5 percent versus a loss of 2.2 percent in the prior year. Corporate tax collections exploded 43.7 percent on the shoulders of near-record corporate profits.

What’s going on? It’s clear: At lower marginal tax rates, the rising economy is throwing off a lot more tax revenues. Score one for the supply-siders.

Overall budget outlays increased 6.2 percent in the recent fiscal year, which is less than last year’s 7.3 percent. Excluding spending for defense and homeland security, as well as entitlements for healthcare and Social Security, domestic discretionary federal spending increased by a very moderate 3.4 percent in fiscal year 2004. If you remove net interest, then the budget increase was only 3 percent — just a bit higher than the inflation rate.

As a share of gross domestic product, the deficit came in at 3.5 percent. That’s the same fraction of national income as last year. This deficit share of GDP is also lower than Europe’s and only about one-third of Japan’s. This is more than acceptable. In the early 1980s the deficit share of the economy was over 6 percent, but that didn’t stop the Reagan boom, which followed large-scale tax cuts and deregulation measures.



posted by Ace at 03:55 PM
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Not to pick nits, but is that Lisa's dad you're referring to? Or is it Larry Kudlow of NRO, Kudlow & Cramer, et al?

Posted by: Patton on October 18, 2004 04:34 PM
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In response to someone asking why the video tape doesn't show Tyler Robinson's face (PS, it does, but it's crappy video so it's blurry):

Candace Owens
@RealCandaceO

Because as I demonstrated on my show, there were MANY young men that all woke up and decided to dress in Maroon shirts and light shorts on the day of the Charlie's assassination.

The footage can be any one of these young men and in my opinion is likely multiple of them.

If Tyler Robinson's defense would like to contact me-- I'd be happy to supply them the folder of the maroon boys that I began archiving when I noticed the bizarre fashion trend.

I have thus far ID'd two of them, but will focus on IDing the rest of them when I am back on air.

I have maintained that the Feds had multiple decoy maroon boys on the ground that day. Without a clear image, they certainly cannot declare it is Tyler Robinson which is why all the Zionist influencers are hoping they can simply hypnotize the public into trusting blurry images and videos.
For such an "open and shut case" they have thus far provided ZERO evidence of anything outside of a criminal government conspiracy, the likes of which hasn't been seen since the JFK assassination.
More "fedslop" that Cavernous Nostrils is too smart to be taken in by:

Blake Neff
@BlakeSNeff

BREAKING: Lance Twiggs says that Robinson admitted to him in-person on Sept. 11 that the message he had sent the night before (presumably, messages sent while he was trying to retrieve his rifle the night of Sept 10) was true. He says Robinson told him "He wishes he hadn't done it."
Fenix Ammunition
@FenixAmmunition

Photos of the ammunition recovered from Tyler Robinson.

Remington headstamp on the case and despite the somewhat low resolution on the photo you can see the somewhat blunted nature of the projectile's tip.

This is a Remington Cor-Lokt soft point round. It's SPECIFICALLY designed to deform, slow down, and prevent an exit wound. Available at literally every single gun store and sporting goods store that sells ammunition.

In fact, 16 out of the 17 .30-06 varieties manufactured by Remington use some type of expanding, deforming, or fragmenting bullet. Only ONE of their products uses a full metal jacket projectile that could/would be expected to leave an exit wound.

Here's a clip of them sitting in my desk.

This has been the most easily debunked claim of their entire web of lies and it's really mind blowing considering this is exactly what you would choose for an assassination.

But yeah, definitely keep getting all your information from the DEI hire and the Portland pizza boy. I'm sure they know more about this than I do.

Post here, showing Tyler Robinson's ammunition, matching this guy's own box. And it is an expanding-tip hollow-point round.

Boy these Internet Experts (TM) sure do get a lot of things wrong.
Lost 70s Mystery Click
And a song with another song as an intro, too:
Be it sight, sound, smell, or touch
There's something
Inside that we need so much
The sight of a touch, or the scent of a sound
Or the strength of an oak with roots deep in the ground
The wonder of flowers to be covered and then to burst up
Thru tarmac, to the sun again

Boy do they look like absolute dorks.
Lost 70s Mystery Click
Doing alright
A little jiving on a Saturday night
And come what may
Gonna dance the day away
Jenny was sweet
She always smiled for the people she'd meet
On trouble and strife
She had another way of looking at life
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It happened forever, for a short time
A place for a moment, an end to dream
Forever I loved you, forever it seemed
One summer never ends, one summer never began
It keeps me standing still, it takes all my will
An Update about Grammie Winger:
She is doing poorly...she is in the hospital and is having a tough go of it. She would love to hear from you folks, so anyone who would like to contact her is welcome to her address! Please contact Bluebell at moroncookbook@gmail.com for her contact info. (I expect her local post office to be furious with us!)
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