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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (196871)8/5/2004 9:26:42 PM
From: tejek  Read Replies (1) of 1573570
 
re: I don't consider high and increasing spending combined with tax increases to be fiscal conservatism.

Fiscal conservatism has, first and foremost, to do with a balanced budget. It's one of those really uncomplicated things.

Bush has guaranteed tax increases, sooner or later. He's spending more, collecting less; it he were a company his stock would be in the tank. In fact if you look at the value of the dollar (as good an analogy to the US stock price as you can probably get), you will see what has happened under his fiscal control. Our money has lost value. Why?

Well said.

ted
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