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Politics : Foreign Affairs Discussion Group

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To: Ilaine who wrote (212153)1/9/2007 3:11:32 PM
From: Mary Cluney  Read Replies (3) of 281500
 
In addition to having presided over a good eight years of unparalleled prosperity in a country with the biggest GDP in the world.

There are lies, damn lies, and then there are statistics.

We now have the largest budget deficit in our history.

If we all go out and borrow a lot of money we can appear to be very prosperous. At least, then, we can spend the borrowed money the way we want and perhaps invest it in things we can control.

Is this consistent with Conservative philosophy by letting the government borrow money and spending it for us?

By some accounts we have and will have spent over US$2 trillion on the war in Iraq.

Are we more prosperous now than when we were under the Clinton Administration when we had a budget surplus and also the biggest GDP in the world?
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