The deficit today is LESS than pocket change, thanks to George Bush, whose tax cuts put an END to the recession of Bill Clinton and his bond whore, Robert Rubin. It becomes a burden if and when the surviving class-hatred socialists and bond whores get the opportunity to raise taxes.
The national debt is next to nothing compared to the real value of the nation's assets. The national debt has no shortage of customers in a hostile world-EVERYBODY wants US government bonds, and HAS since Hamilton established the first national bank in the 1790's. The debt becomes LESS attractive to investors, and MORE of a burden to America, only when surviving socialists, bond whores, and protectionists get the chance to raise taxes.
The three legs of our successful economic stool are:
Lower (or NO) taxes on capital formation.
Limitation of the perversion of our tort law.
Protection of property rights.
These have all been damaged, and are under attack from the domestic enemy. That domestic enemy would bring poverty to the nation, hoping that it would collapse. That domestic enemy finds its HOME in the Democrat party.
Certainly there is immoral and unnecessary spending. It's called Social Security and Medicare, and these should both be abolished tomorrow. There are plenty of reasons, but, to make a long story short, just look at Phillipps... |
