Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: neverdem

A bonfire of $1 trillion would have been faster and more effective.


10 posted on 04/15/2013 4:53:55 PM PDT by Uncle Miltie (Leftists favorite Mass Murderer: Kermit Gosnell)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Uncle Miltie
A bonfire of $1 trillion would have been faster and more effective.

It gets worse.

While Porkulus was sold as an emergency one-time-only program, Harry, Nancy and the 'Rats wrote the expenditures into the departmental budgets -- thereby making the "one-time-only" spending part of the "Current Services Baseline".

As a consequence, when Congress stopped approving annual budgets the next fiscal year, the "Current Services Baseline" took over as the government's budgeting engine -- which would be "last year's spending plus specified inflation factors".

Which is to say that we have now enjoyed the benefits of not one, but FIVE Porkuluses (Porkulii?).

You wonder where those trillion dollar deficits have come from? Look no further than Porkulus -- repeated every year since 2009 (with 5-6% inflation thrown in for good measure).

17 posted on 04/15/2013 7:07:10 PM PDT by okie01 (The Mainstream Media: IGNORANCE ON PARADE)
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson