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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (36202)	9/12/2000 12:08:37 PM
From: TigerPaw	Read Replies (1) \| Respond to of 769667

Our nation is growing faster than its debt. True today, not true when Reagan left office. A person must understand the difference between borrowing, and investing on margin. Most people I know have car payments. That's borrowing because that car gets used up. I have loans on my house, my farm, and selected stocks, but they could all be paid off in 3 days settlement time if I so chose. There is a demand for U.S. Treasury bonds, and a certain amount of debt would be beneficial to the country just to provide the bonds. Trillions in debt just means that all our taxes go to paying interest. A person or a country will not get far once interest maintenance grows to near the income level. Gore's plan to pay off those monstrous loans are the correct course of action during good times, or what will happen when times aren't as good? TP