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

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