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

To: Patricia Trinchero who wrote (215234)	1/6/2002 4:11:13 PM
From: greenspirit	Read Replies (1) \| Respond to of 769668

res- Having frittered away a supposed $5.6 trillion surplus in this decade, the government is poised to begin borrowing money to cover deficits How was the money frittered away. Do you think the author believes that money kept in the hands of the american people and out of the hands of government is frittered away? Or is he upset about our increased spending?

To: Patricia Trinchero who wrote (215234)	1/6/2002 5:02:32 PM
From: gao seng	Respond to of 769668

What more can Greenspan do? Huh? What a complete lack of thought. If Oliphant had any kind of brains, he would realize that tax cuts are a result of an expansionary fiscal policy. Having expansionary fiscal and monetary policy are weapons used to fight a recession. Even Daschle recognizes that, and he ain't exactly the cat's meow when it comes to intelligence. Problem with Daschle's plan, as I pointed out to you, is it is more social engineering in the guise of targeted tax cuts.

To: Patricia Trinchero who wrote (215234)	1/6/2002 5:17:29 PM
From: gao seng	Read Replies (2) \| Respond to of 769668

Having frittered away a supposed $5.6 trillion surplus in this decade That's a lie. In a report completed on Friday, the Democratic staff of the House Budget Committee estimated that the surplus for the 10 years ending in 2011 would be $1.79 trillion, compared with a projection by the Congressional Budget Office a year ago of $5.61 trillion for the same period. So, the estimated surplus has gone from 5.6 trillion to 1.79 trillion over the next 10 years, add in the 1.35 trillion tax cuts, that is 3.14. nytimes.com And, I don't know about you, but protecting our country is not frittering away money.