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Politics : PRESIDENT GEORGE W. BUSH

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To: Kenneth E. Phillipps who wrote (537283)2/8/2004 7:44:47 PM
From: BEEF JERKEY  Read Replies (3) of 769670
 
Thats the dumbest thing about conservatives and tax cuts. They always lead to deficits. The only way out is tax increases.

The harm the deficit is doing to America is palpable. It's already weakening the dollar. The dollar index is down from 120 under Clinton to 86 now. If the dollar falls too far then the American military won't be able to afford to keep all it's foreign bases open, if any at all. Bush's policies are weakening the USA.
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