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-- I have lost faith in my country
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That 1,000 jobs created in non-farm payrolls was actually just the December data, which I understand is going to be revised upwards. There have been far more jobs created this year (and there have been many lost as well). As for where the surpluses will come from---I said it in another thread: tax cuts don't cause deficits, excess spending causes deficits. I'd like to see Congress AND Bush(Congress especially) show a little financial discipline and not pander all of the government's funds away on special interest (vote buying) programs and useless statues, gumball machines, etc. With fiscal discipline and a growing economy, the deficit can be trimmed rather easily, but it takes a cooperative effort by all government parties involved.

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Originally posted by LiquidX - Another thing that Occrider pointed out on another post. THe fiscal policy, the deficit and such. I was listening today to NPR, and everyone was wondering how is George Bush to make the programs he mentioned to work out, and where will he get the money from, also. Bush never mentioned the deficit that we are in, out of the 250,000 jobs he promised on the last State of the Union, only 1,000 have been created. Bush mentioned too many illusions, conservative illusions. How can Bush wanna make Tax cuts permanent, that would cost the US Billions of dollars. Another thing I noticed, he did not mention the space program. And to contrast he's last State of the Union speech with this one .. where are the WMD? The Uranium in Africa? Al Quaida??.. oh yeah, we got Saddam Hussein, but was he really the one that the US should have gone after?.. and why?, the proof??.... The Clinton administration handed Bush the country with a surplus, now we are in a deficit of who knows how many billions... Enough Said. Have a Nice day.

Ok well I found out indirectly how Bush is going to trim the deficit as outlined in his SOTU. Apparentely EVERY single federal agency is going to face spending reductions with the exception of 3 agencies: The defense department, the department of homeland security, and NASA . I would like to see reductions in defense, but perhaps that is not feasible in our current situation ... I'm certain a lot of excess could be trimmed though. At any rate, i don't know how much funds each agency is going to have taken away, but Bush better follow through and cut spending. So if he actually does cut back then I'll be relatively (I would like to see more cuts) happy (he pandered to my one special interest ). Anyway here was my source:

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Bush Vision Was Key to Saving NASA from Budget Cuts By Brian Berger Space News Staff Writer posted: 01:25 pm ET 21 January 2004 WASHINGTON -- In the months preceding U.S. President George W. Bush�s decision to chart a new course for the U.S. space program, NASA -- like nearly all U.S. federal agencies -- found itself facing flat budgets �as far as they eye could see,� NASA Administrator Sean O�Keefe said today. The president�s forthcoming plan for cutting the growing national deficit by half within five years would entail some serious belt tightening for all federal agencies with two exceptions: the Defense Department and the Department of Homeland Security. NASA, O�Keefe said, would have seen its spending power decline by about $11 billion between 2005 and 2009 when accounting for inflation. But as a result of the president�s decision to back a new vision and direction for NASA, the space agency not only avoided what would have amounted to an $11 billion cut, it also became one of the few federal agencies to secure a presidential promise of increasing funding in the years ahead. Bush, in submitting his 2005 budget request to Congress on Feb. 2, will ask for a $1 billion increase in NASA�s budget between 2005 and 2009. NASA Administrator Sean O�Keefe told reporters Wednesday that in real terms, the agency would see its $15.4 billion budget grow to $16.2 billion in 2005 -- an increase of 5.6 percent. A planned 4.8 percent increase for 2006 would grow NASA�s budget to $16.9 billion and a 4.7 percent increase planned for 2007 would push NASA�s budget well above the $17 billion mark to $17.7 billion. After that, the raises would slow down, O�Keefe said, with only a 1.5 percent increase planned for 2008. Over roughly the same period, NASA plans to redirect about $11 billion of its budget towards the new space exploration goals outlined by the president. The bulk of that money -- about $6 billion, according to O�Keefe -- will come from NASA�s now obsolete Orbital Space Plane and Next Generation Launch Technology programs. blah blah blah ... http://www.space.com/news/nasa_budget_040121.html

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