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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (184468)3/12/2004 12:24:38 PM
From: Amy J  Read Replies (2) of 1572745
 
Alighieri, RE: " Wouldn't you think that the public and pundits would put equal pressure on the fed gov to get its house in order now, just as it works to fix a program that has been in surplus for years, even as it heads towards fiscal crisis?"

Yes

I'm not a fan of tax cuts in the face of deficits.

If you check out our debt ratio to GDP, it was the lowest during President Jimmy Carter. If Carter remained in office, we never would have gotten Reagan's deficits and eventually the economy would have balanced itself out over time - a little pain is better than a structural deficit problem. I'd prefer a low debt ratio. Our country's debt scares me galore.

Regards,
Amy J
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