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: JDN who wrote (411178)6/3/2003 5:02:35 PM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
Re: "Its not often spoken of, but it is my understanding that ONE of the reasons behind Bush trying to push through tax cuts often besides economic recovery is an attempt TO LIMIT expanding government spending programs."

>>> Yep. That's the public rationale given, same as it was in the eighties... to bad it never happened. Which makes me highly skeptical that it will now ("fool me once, shame on you, fool me twice, shame on me!)

>>> Once a politician leans he can BORROW all the money he ever dreamed of spending... than whatever 'restraints' there ever were on spending disappear.

Re: I remember Reagan saying when he was Governor of Calif. "Politicians are like Children, the more you give them the more they will spend, the ONLY way to control them is to CUT THEIR ALLOWANCE"

>>> Nice sound bite... but as long as balanced budgets don't matter, then merely cutting taxes does NOTHING to cut 'politician's allowances'.

>>> The WORST part of it is - once the politicians have deficit borrowed to enable their spending binge - than those interest costs on the federal debt are there whether spending discipline EVER returns, or not.

>>> They have OBLIGATED future generations.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext