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To: Bill Harmond who wrote (148545)	10/8/2002 12:28:41 PM
From: Alomex	Read Replies (1) \| Respond to of 164684

We won't lose any allies over Iraq, and will gain at least one new one. I thing we would lose the support of most of the Western world. On top of that, we would give one more reason to our enemies to be more obstinate in their pursuit of our destruction. The last thing one wants in a conflict is an obdurate enemy. While it is disingenuous to believe that hard line Muslims will turn around and start loving the US if only we did one thing or the other, it is also equally obtuse to believe that our actions do not create long term grievances. Many of these grievances could have been avoided, for example was there any reason why we replaced left-leaning regimes with governments lead by generals with homicidal tendencies?

To: Bill Harmond who wrote (148545)	10/8/2002 12:56:09 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 164684

Sorry, Bill, but I'd give W no more credit for being "proactive with fiscal stimulus" than I would blame for last year's recession (or this year's if we discover later that we are in one). The deficit is a result of declining tax revenues, but not so much from the tax cut as lower profits/income and capital gains, and increased military/security spending, but not so much from planned increases as a reaction to 9/11. Remember, the tax cuts were phased in, with very little actual cuts the first few years, and Bush had not been pushing from very much in the way of new military spending until after 9/11. That said, the phasing in of the tax cuts was a bad concession to the democrats to get the package passed and now the dems want to take the cuts (that we still haven't seem the benefit of) away from us. I'd give them all a D- on their ECON 101 exam.