Spending Money We Don’t Have

It’s only the second day of the semester and I already have homework. What do these teachers think they’re doing to me!? I actually had to buy a newspaper and read it. I did come across some interesting stuff though, like Bill Clinton’s new 2000 budget plan for example. At first his plan seems all well and good. Using this surplus to take care of Social Security and Medicare, pay off some debt, and take care of some other concerns. It sounds just peachy, until I read the last half of the article that talked about where all this surplus comes from. It turns out Bill is just taking a stab in the dark at how much money we’ll have in the next fifteen years. Assuming of course that the economy stays just as it is right now. No recessions or anything like that. No change for 15 years!? Yeah Bill, that’s gonna happen. Already the economy is setting records for how long it’s been stable. And he expects it to go 15 more years? The paper was talking about other such predictions of surplus and a six month prediction forecast some 73 million. It turned out to be 166 million. And that was only six months worth. What about 15 years!? Why are we trying to spend money that we might have after 15 years? Why not just wait 15 years and when we have the money sitting in our pockets, spend it then. Then if Bill’s predictions are wrong, we don’t get screwed. Politics is stupid.

Oh yeah, Happy Groundhog Day. I guess the silly ground hog didn’t see his shadow so spring is coming early. Sounds like your average weatherman if you ask me.

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