Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: Rock_nj who wrote (16983)	4/21/2004 7:17:21 PM
From: CalculatedRisk	Read Replies (1) of 81568

I believe that Bush is intentional running huge deficits! I addressed this issue in this post: Message 20049287 "As an example, two prominent economists (Parry and Barro) have recently said Bush is following Friedman's idea as follows: 1) Social spending is bad, 2) democracies do not have the political will to cut social spending, 3) the only way to reduce social spending is to run huge deficits that will constrain future social spending! This requires that the practitioner (Bush) deceive the public on their true intentions. Bush says he wants a balanced budget, but according to these two distinguished economists, he actually wants to run huge deficits! Whether or not that is good economics, it is dishonest."

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