Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Road Walker who wrote (221439)	3/18/2005 4:29:54 AM
From: Joe NYC	Read Replies (1) of 1571204

John, re: In the current budget system (that is inadequate), it makes things worse for the deficit, I would guess You would guess? $3-4 Trillion! I don't know what this number is and what set of assumption this is based on. The goal is to set on a transition course that will reduce, and maybe one day eliminate the unfunded liability. It is bound to have some cost associated with it, that will need to be met by a combination of borrowing, tax increases and benefit cuts. The current deficit is made to look better because of the "unified" budget adopted in the 60's, that included SS surpluses in the general funds. A shell game to make the budget look better for the Vietnam war. Well, sucks. And Senate just apparently voted down even the small reductions of spending that Bush proposed. It seems that we are moving to near bankruptcy, where some unelected financial control board will take over the spending power from the US Congress, as it happened in New York City some decades ago. Joe

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next