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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (316928)12/22/2006 7:56:14 AM
From: RetiredNow  Read Replies (2) of 1577771
 
He's an apologist for deficits. I don't like it, but I can understand the bitterness behind his sentiment. If someone works hard to get us to a surplus, the next President might squander it. That's an awful truth.

The real solution isn't to have a gentlemen's handshake that we will pay as we go. Instead, it is to pass a LAW that states that we cannot spend more than 90% of the previous year's tax revenues. If there is a surplus in the current year, then that surplus should be legally mandated to pay down the debt. That would ensure at least some fiscal responsibility.

These deficit spending apologists are part of the problem, not a part of the solution.
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