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


To: SeachRE who wrote (306394)10/8/2002 8:34:24 PM
From: David R  Read Replies (1) | Respond to of 769670
 
RE: Peace and Prosperity to All is my wish.

My Granny used to say "Wish in one hand, and spit in the other, and see what you have". We can not wish away a national debt of $32,000,000,000,000 (trillion). You can not focus on the "ECONOMY STUPID" without addressing the real underlying problems. THis is Econ 101. Making everybody feel good so that they will get deeper in debt buying more cars and tv's is not going to address the fundamental problem. We need to learn to save and our country needs to produce more than it consumes. Otherwise, we will continue to pile up debt as we sell ourselves to the cheapest producer of "gotta-have-it-now" consumer goods.

mwhodges.home.att.net



To: SeachRE who wrote (306394)10/8/2002 8:40:27 PM
From: David R  Read Replies (1) | Respond to of 769670
 
RE: You seem pessimistic, boy

Three men were adrift in a lifeboat. The Pessimist said, "Our canteen is 1/2 empty." The optimist replied, "no, it is 1/2 full." The realist sternly retorted, "we have only 1/2 a canteen of water, if we are not spotted within 5 days we are all dead."

I am not pessimistic, I am realistic. With $115,000 of debt for very man, woman, and child in this nation, we are in trouble. If, as in Japan, we enter into a deflationary cycle, this debt will crush us. You are silly. "Peace and prosperity to all". As if warm and fuzzies feelings will buy us out of this fiscal mess. Sorry, it will take hard work and belt tightening.