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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Scumbria who wrote (131653)	2/6/2001 1:30:29 AM
From: Joe NYC	Read Replies (1) \| Respond to of 1570686

Scumbria, 1. Promising to protect Social Security. This is an off budget item, and it can't get into a worse shape that it is in, long term. The problems are with the formula for the future, not with the current expenditure. Your confusion may originate from Gore's fantasy of bailing out Social Security from the general revenues. Only under this fantasy would Social Security become a issue for the budget. 2. Promising to increase defense spending. Not all increases are equal. I think Bush's will be modest. 3. Promising to cut taxes. The tax cuts again will be modest. He has guaranteed his Presidency will be a failure. The budget will not be balanced. Thanks for your prediction. Can I start a counter on how many times you will repeat this prediction? There is a difference between participating in a discussion and spamming. Joe

To: Scumbria who wrote (131653)	2/6/2001 8:05:47 AM
From: combjelly	Read Replies (2) \| Respond to of 1570686

"2. Promising to increase defense spending." He is already backing away from this one. No doubt he will find ways to weasel out of the other ones. Now you could use the argument that now he is President, he has more and better information on which to base his decisions. But as time goes on, you will have to come to the conclusion that he knew nothing about what was going on and will have to recant on everything e promised. Except for the tax cut. That may have to be bigger than he thought and the people at the top, like himself as he smugly pointed out, will need even more relief than originally thought. And it will be so critical that the rest will have to be delayed and.... Well, you can connect the dots.

To: Scumbria who wrote (131653)	2/6/2001 2:26:59 PM
From: TimF	Read Replies (1) \| Respond to of 1570686

He has guaranteed his Presidency will be a failure. The budget will not be balanced. I doubt we will see a lot of deficits in the next four years, although we might not see the level of surpluses you were asking for earlier. BTW - Would you define any president who runs a budget deficit as a falure? It seems to me that even if this is a bad thing it is not so disasterous as to make a presidency a failure all by itself. Tim