View from the Center and Left Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: d[-_-]b who wrote (115501)	7/15/2009 5:33:41 PM
From: Steve Lokness	Read Replies (1) of 542043

I think it's about spending what you have and no more Yup. If you read my comments here you know I also believe that. It is why I am so hard on Krugman. Having said that I watched the budget deficit soar under Reagan - brought under control by Clinton - and then soar again under Bush. The biggy here is that it soared under Bush even though he said his tax cuts would do just the opposite. Additionally, it soared under Bush when times were good and we should have run to a surplus. And then the real evil of the Bush deficits - we got nothing for them. Virtually no infrastructure or meaningful positive spending. We could have achieved as much by dumping money down the toilet. So conservatives have lost all faith with me. Now we are struggling to repair that damage. It will take some time and lots of money. steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next