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


To: Neocon who wrote (358272)2/12/2003 4:15:32 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769669
 
Re: "I would be curious about the specifics and sources of your assertion that subsidies hit an all time high."

>>> Social transfer payments continue their inexorable climb... medical cost inflation was in double digits last year (perhaps the only economic sector still inflating) and this was reflected in the federal programs... and the farm transfer payments are at - or above - the records we have set annually for the past five years... then their were the lumber and steel tariffs (a couple of hundred billion cost to the economy) on top of the rest.

>>> I think 'all time high' is a safe pronouncement.