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Politics : PRESIDENT GEORGE W. BUSH

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To: Jagfan who wrote (353271)2/4/2003 10:26:26 AM
From: TigerPaw  Read Replies (1) of 769667
 
Deficit Percentage of Total Federal Budget

So there is no problem because we are spending money even faster than we are borrowing it? Under that premise the government should spend more so that the percentage is even smaller (until the bill comes due next budget cycle). Apparently that is Junior's idea, since he didn't even figure in the hundreds of billions he plans to spend in the middle east. That is the lamest rationale for massive debts since the laffer curve. We are now breaking the record for borrowing and spending set by George Bush Sr.

TP
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