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W had no idea what "deficit" means - Unfiltered plays interview clip

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robbedvoter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-04 08:42 AM
Original message
W had no idea what "deficit" means - Unfiltered plays interview clip
With all O'really's prompting and helping, he blew it anyway - mixing deficit with debt. He wouldn't answer O'really's question about paying it down in our lifetimes, and asked for a definition....
Glad to have an MBA in office!
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skooooo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-04 08:43 AM
Response to Original message
1. Your kidding...

This in his recent interview with O'Lielly??
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robbedvoter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-04 08:45 AM
Response to Reply #1
2. yes. He fumbles and asks - deficit? You mean revenue larger than
expenses? Then he goes on a tangent.
They have a Clinton budget person tearing him apart on the show.
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skooooo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-04 08:47 AM
Response to Reply #2
4. omg!

I wish I had watched this. Hopefully someone caught it on TIVO?
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livetohike Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-04 08:45 AM
Response to Original message
3. That fancy MBA from the prestigious Harvard Business School
isn't worth much. It proves one can buy anything if they have enough money.
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MallRat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-04 08:48 AM
Response to Original message
5. O'Reilly messed it up, and then Bush failed to correct him.
BILL O'REILLY: HOST: How will the federal government ever pay off the federal deficit, in your opinion?

PRESIDENT GEORGE W. BUSH: By being fiscally wise and growing our economy.

O’REILLY: Do you think it can be paid off in our lifetime, though?

BUSH:: The deficit, yeah. You mean, for... have the revenues exceed the expenses in the budget?

O’REILLY: See, we have a big deficit here…

BUSH: You're talking about the debt or the deficit?

O’REILLY: The deficit.

BUSH: Yeah.

O’REILLY: Well people are saying that because we have to fight this war on terror, because of the tax cuts, oh and you know how the propaganda, it’s all over the place…

BUSH: No, I think we can — of course I think we can balance the budget — as a matter of fact, I put out a hand, a budget that says we’ll cut it in half in five years, now, that's going to mean that the Congress has got to be fiscally wise, with our money.


Unreal. It would be funny if it weren't so pathetic. :eyes:

-MR
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Bill McBlueState Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-04 08:52 AM
Response to Reply #5
6. yeah, they're both pretty clueless
O'Really asked a pretty stupid question about paying off the deficit. Bush knew O'Really had it wrong, but lacked the simple verbal skills required to clear up the issue. So we end up with meaningless, muddled crap like

"No, I think we can — of course I think we can balance the budget — as a matter of fact, I put out a hand, a budget that says we’ll cut it in half in five years, now, that's going to mean that the Congress has got to be fiscally wise, with our money."

Put out a hand?
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SOS Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-04 09:05 AM
Response to Reply #6
9. "Congress has got to be fiscally wise with our money"
Massive tax cuts for the wealthy, a quarter trillion dollar military misadventure, a 600 billion dollar subsidy to drug companies, 200 billion dollar handout to agribusiness, a 440 billion dollar War Department budget and a 500 billion dollar annual deficit.
But remember, the financial disaster of the last four years has nothing to do with Bush. It's the fault of Congress!
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Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-04 10:24 AM
Response to Reply #9
13. You left off the five hundred billion interest on debt
That is an even bigger expense than the Defense Dept budget and is unnecessary. If Bush* would use clintonomics we could pay off our debt and have money for everything the nations truly needs. Bush* knows that and that is why there is a deliberate atytempt to run up the debt so all Social programs can be eliminated. Only Defense will be allowed to have resources and of course all the Money interests. Those who receive the interest payments on debt that is. They in turn kick back a portion to the GOP to keep the system going.
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Fla Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-04 08:58 AM
Response to Reply #5
7. I think O'Leilly was asking about the National Debt
the amount of money this administration has has piled up in red ink in the last 3.5 years. I think the last amount I saw was $7 trillion. The deficit is the difference in the current budget spending over revenue. So Bush got off easy just saying they will be able to balance the current budget....not saying anything about how the National Debt will effect generations to come.
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snowFLAKE Donating Member (247 posts) Send PM | Profile | Ignore Wed Sep-29-04 09:33 AM
Response to Reply #5
12. Don't know why Mr. O'Reilly did Properly Prepare
For this interview by brushing up on economic terms by simply consulting his favorite source of business information, the Paris Business Review:

http://www.parisbusinessreview.net/
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KlatooBNikto Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-04 09:02 AM
Response to Original message
8. Wouldn't it be more of a surprise if he did understand it?
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Tsiyu Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-04 09:09 AM
Response to Original message
10. Can You Say, "Bush is a Brain Dead Turd?"
I knew you could. And how kewl that he now puts the onus on Congress to be fiscally responsible. BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!

DID GOD TELL YOU TO BE A CLUELESS BASTARD, BUSH? Or are you just a clueless bastard with no divine assistance?
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DemonFighterLives Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-04 09:18 AM
Response to Original message
11. I vote that they're both stupid
The fact that dubby puts his balancing act 5 years off to cut the deficit in half leaves him safely home in Crawford. This dumbbell couldn't balance his checkbook if he had one.
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