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2013-08-13 Economy

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Posted by trailing wife 2013-08-13 00:00|| || Front Page|| [1 views ] Top

#1 All the goals set in a five-year plan were surpassed?

Posted by g(r)omgoru 2013-08-13 02:01|| 2013-08-13 02:01|| Front Page Top

#2 All the goals set in a five-year plan were surpassed?

Yes, Citizen. Unfortunately, in order to make the next five year plan, we have to cancel SSI in order to pay for EPA programs to save a small, obscure fish in an Oregon pond. Priorities, eggs/omelette, all that.

Mike

Posted by Mike Kozlowski 2013-08-13 06:37|| 2013-08-13 06:37|| Front Page Top

#3 Clever, gentlemen. But one suspects you did not read the article before commenting.

Posted by trailing wife 2013-08-13 10:07|| 2013-08-13 10:07|| Front Page Top

#4 Here's the gist of the negatives and doubtfuls (the latter in bold type):

If the country sees any normal acceleration of economic growth (from the anemic 1.4% growth rate so far this year), the deficit is on a path to drop steadily at least through 2015...

But the fiscal story isn't all rosy. The major entitlements remain on autopilot and are roaring toward insolvency. Thanks in large part to Mr. Obama's aversion to practical fixes, the Congressional Budget Office calculates that through July of this year Social Security, Medicare and Medicaid spending are up $73 billion from just last year. This doesn't include ObamaCare, which is scheduled to add $1 trillion of new costs over the next decade...

All Republicans need to do is enforce the budget laws Mr. Obama has already agreed to. Entitlement reforms will come when liberals realize that the unhappy alternative is to allow every program they cherish to keep shrinking.

Posted by Pappy 2013-08-13 10:56|| 2013-08-13 10:56|| Front Page Top

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