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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (289367)5/26/2006 2:12:38 PM
From: tejek  Read Replies (1) of 1573899
 
Damn! Until 2001, this country had a surplus. Now our debt is growing by leaps and bounds. What changed?

The bursting of the dot.com / Nasdaq bubble along with a general market decline. 9/11. Katrina. A large increase in government spending (which includes Iraq, but is mostly for other things besides Iraq). As for tax cuts see Message 22470737;

Don't get all excited.........tax revenues have spiked up this year......from 2001 up through most of 2005, they were running below 2000. For the past 5 years, tax cuts have played a significant role in why we are experiencing large deficits.

No it isn't. I refuse to agree to what accommodates your dangerous ideology.

Yes, any spending increases you don't like get 100% counted as increasing the deficits, any spending increase you do like don't get counted. That makes a lot of sense... Well maybe it does, as a rhetorical device if you can convince people to buy it but it doesn't make any logical sense.

Sorry but you don't have it quite right. Let me clarify for you......any spending that goes to support a needless war in a foreign country of little consequence to the US gets my discrediting; anything that supports the American people and improves their lives gets my crediting.
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