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Politics : View from the Center and Left
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To: cosmicforce who wrote (216447)2/9/2013 1:01:20 PM
From: Metacomet  Read Replies (1) of 542125
 
It is the trend since 1940 I find disturbing.

Not sure how the data shows a "trend"

Reading the accompanying article, it tells the story, pretty much, of how the increases in our debt levels are the result of war expenditures, followed by periods of reduction

It looks as though the current trend accompanies the Reagan epihone to curtail that nasty tax thingy

And of course Bush added the novel approach to initiate wars and cut those taxes at the same time

And yes this trend is disturbing

..but not as disturbing as a political philosophy that says that rather than make the adjustments to balance income with outgo, we simply need to stop paying for anything not related to fighting or preparing to fight wars

Cause even if we do that, we will not reduce the debt

So the question is what do we need to do to get that trend in check?

..you know, reduce the debt
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