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Politics : View from the Center and Left

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To: Lane3 who wrote (60677)4/22/2008 8:57:09 AM
From: Mary Cluney  Read Replies (1) of 541772
 
<<<I find myself wanting to throw a shoe at Pollyanas who seem to think that reducing the debt is feasible if we just try. >>>

Clinton did it in the 90's. It is difficult, but it can be done. You have to increase revenues and decrease spending. You have to prioritize. You have to first balance the budget.

Where do you get more revenue? Spur growth. But to do that you need first to invest in infrastructure and technology to help reduce cost. Second, you have to strategically increase taxes. We can argue the details. We can argue priorities.

The Clintons have a proven track record that it can be done.

George W Bush has proven that adhering dogmatically to free market fundamentalist principles does not work.
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