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

To: Rick Slemmer who wrote (285779)	8/11/2002 3:03:37 AM
From: Charles Tutt	Read Replies (1) \| Respond to of 769670

Since a surplus implies to you that taxpayers should get "some of their own money back," I assume you would also take the position that a deficit implies taxpayers should be paying more? Or would it have made some sense for taxpayers to pay down debt while they had the opportunity, rather than dissipate the surplus by handing it out to the wealthy? Charles Tutt (SM)

To: Rick Slemmer who wrote (285779)	8/12/2002 10:19:08 AM
From: TigerPaw	Respond to of 769670

So you would have recommended using public funds to bail out an industry in trouble rather than offer taxpayers some of their own money back. Would you have supported the use of taxpayer dollars to bail out Worldcom or Adelphia? I don't recommend closing the barn door after the horses have got out. It's going to be a lot harder to rebuild the economy from it's still crumbling position than it would have been to keep it going when it was at it's peak. I don't mean keep the bubble going, there would have been a realignment of stock values, much as there was an year earlier when the pure internet stocks like Yahoo and Alta Vista had their problems and realignments. It was not necessary for Junior to destroy the economy to help his friends, but his friends who were advising him knew only oil and automobiles and trust funds. They had no vision for the digital economy, and Junior didn't have the wisdom to know what he was throwing away so he could throw his backers a bone. The first thing to do now is not repeat the same mistake. TP