Re: "I favor steel tariffs."
>>> Too bad. It's a tax on American consumers.
"I made a comment the other day, that Bush should not veto a package that contains a whole lot of Democrat pork, because of the urgency of the package in dealing with the war on terrorism... It is obvious, that the Democrats are in the wrong here. ...It is a shame, we have to deal with Democrats on major issues like this. Why can't they be good Americans, and take the pork out, instead of always trying to smear the other guy, who really does have our best interests at heart."
>>> You missed one of my points: BOTH parties are engaging in this two-fisted Pork Fest... and it is Bush's budget that is wildly out of balance. The few fiscal conservatives on both sides have been silenced.
>>> Only Treasury Secretary O'Neil had the guts to point out that the Emperor has no clothes: he pointed out that the TRUE Federal Budget in 2001 (using GAAP accounting) was >$500B in deficit... at a time when the 'official' smoke and mirror numbers showed a phantom surplus of something like $150B.
>>> Things are much, much worse now, and the President's budget numbers are phonier than I can ever remember them.
>>> If they want to drastically increase defense spending (and social spending) as they say to fight this war, then they need to radically cut other expenditures or have the guts to do what the US did to finance WWII: raise taxes sky high.
>>> Trying to have high social spending and high expenditures on an undeclared war - as Johnson and Nixon did during the '60s and '70s - caused a decade and a half of stag-flation, and liked to ruin our economy.
>>> We are on the verge of the same downward spiral now, and both parties are all for jumping back into the abyss. |
