Silicon Investor (SI) -- The First Internet Community

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

To: Neocon who wrote (37940)	9/19/2000 11:38:21 AM
From: TigerPaw	Read Replies (1) \| Respond to of 769667

On the other hand, if the settling of the debt is not gradual, I don't think anyone proposed paying it off in a lump sum ballon payment. As the federal debt is retired the money reverts back to the people as they increase borrowing due to the lower interest rates and receive appreciation of real estate and securities. As the government interest payments reduce the need for tax money is decreased giving the people real actual tax relief instead of the chimera of shifting expenses to the states and local tax base that Bush's plan will accomplish. TP