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To: Oldeconomybuyer

How can they possibly call it a budget deficit. We don’t have a budget.

Some idiot named Joe at the link seems to think that more Chevy Volts is the answer to all our problems as it would eliminate reliance on foreign oil. He must be related to the other idiot named Joe - you know the one that was re-elected as Vice President.


3 posted on 11/13/2012 3:29:55 PM PST by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: Grams A

There was a time when the entire national budget, to run the US for a year, was about $100 billion, and it came up with a shortfall of maybe one or two billion. This was held to be very poor fiscal planning at the time, and there wer sharp cuts in the discretionary speding. Of course, that was also a time when the Social Security receipts were kept OUT of the accounting in the annual US budget.

Didn’t keep Congress from calling on the “surplus” in the Social Security funds from being “borrowed” to balance the budget, though.


6 posted on 11/13/2012 3:42:36 PM PST by alloysteel (Bronco Bama - the cowboy who whooped up and widened the stampede.)
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