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Politics : PRESIDENT GEORGE W. BUSH
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To: rich4eagle who wrote (174005)8/24/2001 4:14:01 AM
From: DOUG H  Read Replies (1) of 769670
 
why the Republicans have shown fiscal responsibility by blowing the budget surplus in 9 months. Please make me look stupid.

Rich, you're obviously not stupid but you seem to imply that a surplus is a good thing. In business it is, in government, it's overtaxation. AS you well know, government is not a for-profit enterprise. The tax cut is simply returning excess payments to those who pay the freight. Are you prepared to advocate for every expenditure in the budget, hence the necessity of the tax? I'd like to see a good recession right in here to put further pressure on spending. Or you could advocate a tax increase. That would be fun.

And while you are at it make me look stupid by explaining how the great new adminstration has lead the market to a 30% decline in the Nasdaq since they took office.

The Clinton bubble is in the process of bursting, proving the "prosperity" was a liquidity Ponzi scheme. Or are you prepared to give us a fundamental arguement supporting Nasdaq 5000? You're not stupid but I don't think you understand the markets action. Maybe we could get Flapjack to tell us how to boost corporate profits.

And make me and all the world's leaders look stupid by explaining the screw everyone but the US policy of the first 8 months

Huh?
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