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Politics : PRESIDENT GEORGE W. BUSH
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To: ManyMoose who wrote (143088)5/6/2001 1:47:50 PM
From: CYBERKEN  Read Replies (1) of 769667
 
With Scumbria around, we seldom get to have a SEROIUS discussion about the myth of the national debt. The key to this poorly-understood phenomenon is its relative size when compared to the size of our economy. If we tax our economy down, the debt actually becomes ruinous. But, in that case, its the least of our problems because the poison of an overpowerful government has already destroyed the last of our liberties. If, OTOH, we limit the size and damage done by government, and leave the money in the wealth-creating sector, the debt becomes proportionally minimal. It is then easily paid off, BUT NO ONE WOULD WANT TO DO THAT, because the infrastructure of that debt becomes (like it is today) a pillar of everyone's (and I mean everyone, if we can finally drive that oak stake into Social Security) investment portfolio.

Nations and their economies are human endeavors. That means one thing: grow or die...
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