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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (277123)	3/1/2006 8:07:50 PM
From: TimF	Read Replies (1) of 1572446

"Modern economy"? Hell, the current economy is always "modern". Yes, you could switch "current economy" in, in place of "modern economy" and the point would be the same. What's happening is a trend not a blip More rapid change in the economy? Yes that is a trend not a blip. we are losing our middle class No we are not. Maybe silly to you, but Clinton and a good Republican congress limited the growth of government. Limiting the growth of government doesn't equate to the end of big government, unless perhaps you limit it to below the rate of inflation for generations. You need to make deep cuts to end "big government", cuts that would be deeper than any electable presidential candidate would support. Maybe cuts bigger than I would support. Clinton and the congress at the time limited had the advantage of being able to draw down the military after the end of the cold war (for example the army used to have 17 divisions now it has 10), which made it easier. Bush had a more difficult situation. But still even considering that fact, Bush has done a very poor job of fiscal management. Recently he seems to be making some moves to try and slow the growth of spending but they are small, and very late in the game. Bush tries to talk about how is has been so restrained lately on non-defense discretionary spending, but he exaggerates even that, and that area is only a small part of the budget, and earlier in his presidency he increased that area a lot, so I wouldn't say the recent "restraint" means a lot.

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