Re: Re: By the way, Bill
"Joseph Wheeler" <[email protected]> Mon, 5 Sep 2005 15:15:49 -0400
| Newsgroups | gmane.games.diplomacy.cat23.all-chat |
|---|---|
| Message-ID | <01e001c5b24e$39be6760$6400a8c0@Sloth> |
> Peter and All, > Why would it be unfair to state the obvious? Our invasion of Iraq has > been a major factor in sending the economy into the crapper, I admire an invasion powerful enough to reach back through the sands of time and throw the economy into a downturn a good two years before the war was even envisioned as a possibility. And, as a bonus, it reverses the well-known phenemon that deficit spending helps to offset recessionary effects, keeping the economy from spiraling downward. That principle apparently applies throughout history, but not with regard to Iraq. That's a damn powerful invasion. > with one direct result being a reduction of transfer payments from the > federal government to states and municipalities. Now, you and I both know that there's no correlation between funding and spending in this government. If they'd really wanted to fund both, they would have. It's the magic system of government funding - anything we want to spend money on will get funded, regardless of revenues, and anything we don't want to spend money on will get cut. That being said, I _agree_ with not spending money on things that are, more properly, State or municipal concerns. And, again, I admire an invasion that can cause a reduction in federal funding for the levee system clear back to the previous administration. Congress has been lowballing the Corps requests for levee funding for a *long* time, and at least part of the time the reason has been that the State Senate and municipal government failed to come through with matching funds. Federal funding for such a project is a bonus which can be handy to the local authorities, but the responsibility for maintaining the system ultimately rests on the municipal and/or State governments. > The levees in New Orleans were a specific budget item, and their funding > was cut even though it's been known for > several years that they needed work. I would call that a causal link, not > unfair blame. The list of people who've cut or lowballed funding for the Louisiana levee system is quite long, but the canned talking point network isn't interested in examining this list, or putting pressure on the people actually ultimately responsible for maintaining infrastructure in their territory. Business as usual, really. -Sloth ------------------------ Yahoo! Groups Sponsor --------------------~--> Get fast access to your favorite Yahoo! Groups. Make Yahoo! your home page http://us.click.yahoo.com/dpRU5A/wUILAA/yQLSAA/7tRolB/TM --------------------------------------------------------------------~->