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Politics : PRESIDENT GEORGE W. BUSH
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To: Bald Eagle who wrote (501994)12/2/2003 9:08:16 AM
From: Kenneth E. Phillipps  Read Replies (1) of 769670
 
Bald, the government borrows the money and transfers it to the consumers in the form of tax cuts and deficit spending. The national debt goes up and the people spend the money on products made in China so the trade deficit goes up and the budget deficit goes up.
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