tag:blogger.com,1999:blog-1522121129844880066.post2998581725503971844..comments2023-10-24T11:23:31.580-04:00Comments on Le·gal In·sur·rec·tion: New Song - "It Ain't Your Money To Spend"William A. Jacobsonhttp://www.blogger.com/profile/16433685588536441422noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1522121129844880066.post-24522006410106223172010-09-08T15:03:14.074-04:002010-09-08T15:03:14.074-04:00We didn't have a budget surplus back in the da...We didn't have a budget surplus back in the days of Clinton. That was some nifty accounting footwork as we robbed the Social Security Trust Fund, and treated the funds as if they were tax revenues.<br /><br />We've been running real deficits for a long, long time.ruralcounselhttps://www.blogger.com/profile/09193188081686431709noreply@blogger.comtag:blogger.com,1999:blog-1522121129844880066.post-57072181960537248492009-03-05T15:18:00.000-05:002009-03-05T15:18:00.000-05:00Very cute. I was having so many similar thoughts ...Very cute. I was having so many similar thoughts over the last 8 years as I watched us quickly flip back from budget surpluses (on path, in the words of Alan Greenspan, to pay off the Federal Debt by 2010) to record deficits once again.<BR/><BR/>Although in our form of government, the elected officials in Washington do get to decide how the money gets allocated. It might be for a tax credit for an oil company, or for a Federal Office building in Missouri, or an access road for a bridge that doesn't get built in Alaska, or a Tomahawk missle - but they do get to decide, until we change who's in office. At best, they end up spending the money in ways that they promised people they would when running for office ... but that's what they do. And all the complaining that "it's unconstitutional" just sounds juvenile.<BR/><BR/>I'm still wondering why the Republicans re-nominated George Bush in 2004, after he had just single-handedly forced through Congress the a massive expansion in Medicare Spending, but I guess there just wasn't anyone else in the Party who could both defend the nation and actually hold true to conservative economic ideals.<BR/><BR/>And judging by the thousands and thousands of earmarks that Republicans injected into the stimulus bill, it looks like there still isn't.Anonymousnoreply@blogger.com