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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (183574)	2/25/2004 11:36:02 AM
From: Alighieri	Read Replies (2) of 1572779

I agree that the administration has been irresponsible in its spending habits but it is at best misleading to say this administration is the worst ever in terms of deficit spending. The economy and government spending continue to go up and the value of the dollar continues to go down. Measured in terms of %of GDP I don't think this administration is the worst. Measured any way you want I think the deficits and the spending that causes them are too high, but too high is not the same as worst ever. It is the absolute worst, in terms of sustainability of the deficit, affordability in terms of timing of the impending SS and Medicare cost escalations, estimates by the administration relative to deficit recovery with which even the WH budget office does not agree, and zero (actually negative) effort in terms of spending curbs....and this is occurring during a period during which republicans control the WH, the senate and congress. Think about this realistically and quit posting this nonsensical response about deficit as a % of GDP. Al

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