Clinton Telling Whoppers on Campaign Trail

Former President Bill Clinton headlined a Florida Democratic Party Fundraiser and couldn't help but take a jab at the deficits sustained during the Bush administration, among other things. He also said that Bush administration policies were causing more violent storms. Here's what he said:
As Tropical Storm Alberto threatened to strengthen into the ninth hurricane in 22 months to affect Florida, former President Clinton predicted Monday that Republican environmental policies will lead to more severe storms. "It is now generally recognized that while Al Gore and I were ridiculed, we were right about global warming," Clinton said at a fundraiser for the Florida Democratic Party. "It's a serious problem. It's going to lead to more hurricanes."
It's embarassing to see people accepting this trash as serious. I remember reading last year about how hurricanes are cyclical and that global warming was a myth. In fact, I remember AccuWeather's Joe Bastardi telling us that there were fewer major hurricanes worldwide in 2005 than the previous year. It stands to reason that if we're seeing global warming and if President Clinton's assertions were trut that we'd see more violent hurricanes worldwide. Statistics simply don't bear Clinton's theory out.
In his critique of the GOP, Clinton also touched on the war in Iraq, the rising federal deficit and high health care costs. The crowd of about 500 greeted him with loud applause and shouts of "We love you, Bill!" and "Four more years!"
I guess he hadn't been briefed about this headline:

Federal deficit shows improvement

and this article:
The federal deficit through May is running well below last year's pace, helped by strong growth in revenues, the Treasury Department reported Monday. Through the first eight months of the budget year, the deficit totaled $227 billion, down 16.7 percent from the same period in 2005, when the red ink totaled $272.3 billion.
I don't pretend to know how New Yorkers figure things but where I live, when this year's deficit is smaller than last year's, we don't call that a "rising budget deficit." We'd call it a shrinking budget deficit, especially when the CBO originally forecast this year's deficit at nearly $400 billion, then revised it to $350 billion.

Finally, there's this bit of news:
The Congressional Budget Office is forecasting that this year's deficit will be around $300 billion, significantly below a previous estimate of $350 billion, reflecting significant increases in tax revenues, reflecting the strong economy. Through the first eight months of the current budget year, which began on Oct. 1, government revenues have totaled $1.545 trillion, up 12.9 percent from a year ago. Government spending is also up but at a slower pace, rising by 8 percent to $1.772 trillion, compared to the same eight months in the 2005 budget year.
While federal spending is more than I like, it's noteworthy to see that it's rate of growth is slowly shrinking.


Posted Monday, June 12, 2006 10:11 PM

May 2006 Posts

No comments.

Popular posts from this blog

March 21-24, 2016

Image
Mar 21 01:28 SCSU's budget cuts? Mar 21 02:29 When will the Range change? Mar 21 08:54 DFL's Marty in charge of environment Mar 21 11:45 OLA report, DFL & Meyer Associates Mar 23 12:48 Liberals' definition of moderate Mar 23 14:37 DFL activists: Government is racist Mar 24 08:59 IRRRB: Revamping vs. scrapping Prior Months: Jan Feb Prior Years: 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 SCSU's budget cuts? Cuts in Athletics at SCSU - Will it Really Save Money? by Silence Dogood With a $6,000,000 "structural deficit" and the need to "rebuild reserves by at least $3 million," SCSU has a $9,000,000 hole in its' FY17 budget. It doesn't take a Noble Prize in economics to figure out that reductions in expenditures (i.e., cuts) are going to be made at SCSU. On the Wednesday before Spring Break, SCSU President Dr. Earl H. Potter sent an email to the campus community announcing cuts to the athlet
Read more

January 19-20, 2012

Image
Jan 19 02:57 Minnesota Majority report an indictment against Minnesota's election integrity Jan 19 03:41 Ron Paul's Logic Jan 19 08:08 Newt thrives despite Mitt's hatchet job efforts Jan 19 09:19 Potential Game-Changer: Perry dropping out this am Jan 20 05:12 Newt takes Sen. Santorum to proverbial woodshed Jan 20 00:56 ABC, CNN, crawl into bed with National Enquirer Jan 20 04:00 Child Care small businesses file federal lawsuit Jan 20 04:41 Mitt's biggest policy blunder Jan 20 18:58 Gingrich, Reagan re-united Prior Years: 2006 2007 2008 2009 2010 2011 Newt takes Sen. Santorum to proverbial woodshed Rick Santorum was really feeling it Thursday night. Then he said something that's certain to cause him pain this morning. Here's what he said that got him in trouble: SANTORUM: But you also have to admit that this freshman congressman who wasn't supposed to win a race came and did something you never did, which is blew the li
Read more

October 31, 2007

Oct 31 01:01 Media Matter's Alter Ego? Oct 31 03:32 Iraqi Civilian Casualties Dropping Oct 31 10:52 Hillary's Panderfest Blows Up in Her Face Oct 31 13:15 Brod, Emmer Call For Investigation of Mark Ritchie Oct 31 19:43 Ritchie's 'Episode' a Tempest in a Teapot? Prior Months: Jan Feb Mar Apr May Jun Jul Aug Sep Prior Years: 2006 Media Matter's Alter Ego? One Media Matters-like organization is already too many. It appears as though there's another liberal apologist blog out there. Their name is News Hounds . The post that caught my attention dealt with last weekend's interview of Justin and Darryl Sharraltt on Hannity's America. To say that their post didn't attempt to refute Justin's story is understatement. In fact, they jump right into criticizing Mr. Hannity: Last night's (October 27th) Hannity's America was a strange magazine format which combined stories about mediums and haunted houses
Read more