SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mr. Whist who wrote (33183)8/29/2000 10:58:17 PM
From: greenspirit  Read Replies (2) of 769667
 
Are you saying Gore's spending proposals are not going to bust the budget? You can't really be in that much denial can you?

To address your point though, you're correct. If the congress stays Republican Gore will have little chance (just as Clinton did the last 6 years) to bust the budget. You see, beyond the rhetoric and platitudes, the congress actually does control the purse strings. Yes, the President can work around congress and influence them (as Reagan did to cut taxes) or he/she can veto the budget time after time and force a shut down of the government (as Clinton did because the congress wouldn't spend enough), but the actual spending is done by congress.

Reagans tax cut did not cause the budget deficits. As evidenced by our governments own numbers related to revenues. Revenues to the government coffers doubled throughout the 80's. Unfortunately, spending by (I never met a government program I didn't love Tip O'socialist Neil) tripled.

If Reagan is to blame because of his insistance to build up the military, then it was a decent investment. My children will not have to worry about the evil empire behind the Berlin wall during their lifetime. Additionally, look at the markets for goods and service it opened up for American businesses. Windows and American computers are known and used the world over, and it's because Reagan played a significant role in the destruction of communism around the world.

Michael
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News