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

To: Patricia Trinchero who wrote (130931)3/9/2001 7:35:29 AM
From: DMaA  Respond to of 769667
 
No. The lesson is for the democrats and tax and spend republicans:

The authorities have poured billions of yen into public works in a largely vain attempt to rescue the economy from its worst malaise in decades. Wasteful spending on airports, dams and roads has inflated public debt to the biggest in the industrial world. In the past ten years it has more than doubled to reach 134 per cent of Japan’s total annual economic output.

It's the spending stupid. The Japanese are by no means under-taxed.



To: Patricia Trinchero who wrote (130931)3/9/2001 7:37:58 AM
From: Zoltan!  Read Replies (1) | Respond to of 769667
 
Yes, and Japan is the model that the Dems tried to foist on the US in the 1980's. Thankfully, they were defeated.

The Japanese model of high government spending and control of industry highlights the folly of socialism and the wisdom of current US policy under Bush to do the opposite.


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