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


To: SecularBull who wrote (363064)2/24/2003 5:59:14 PM
From: American Spirit  Read Replies (4) | Respond to of 769670
 
Actually the wealthy are less likely to spend but would just sock away more. The middleclass would spend most certainly. Why the reverse logic? The very richest people have more money than they know what to do with. Why give them more at the expense of social programs and everyone else? Doesn't make sense. Not like they're crying for it, and egven if they were they're only 1% of Americans and they have it easy. In times of deficits the rich need to really help out. Besides, if the economy can get going again the rich will be the first beneficiaries with their stocks going up. It's gotten so bad though that only a complete rescinding of the Bush tax cuts to start from scratch will work. The tax cuts were done projecting a huge surplus. Now we have a huge deficit. Common sense says you pay off the debt first to right the ship. You'd run your family finances this way, right? Why can't our government?
And why the huge military build-up now when our main foe are small cells? That's special ops and CIA work not large-scale military. That also requires strong supportive alliances. Get my drift. We are heading in the wrong directions. The next president will have to trim both tax cuts and military increases, try to re-balance budgets, plus shore up social programs. A huge job. if Bush were responsible he'd start doing it now. But he wont. The good ship America is seriously in trouble now.