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

To: PROLIFE who wrote (375990)	3/21/2003 5:10:57 PM
From: CYBERKEN	Respond to of 769667

No need. Patsy McKee doesn't do his own thinking, and those he's a DUPE for already know. They just want a depression, as they have stated, to "win 40 House seats"...

To: PROLIFE who wrote (375990)	3/21/2003 5:13:30 PM
From: DuckTapeSunroof	Read Replies (2) \| Respond to of 769667

Tax cuts are good. So is eliminating the corrupting influence of special interest loopholes, crony capitalism pork, and economically-distorting subsidies for politically well-connected industries. But running endless deficits is bad ... because it runs up interest costs on the debt, brings about higher interest rates that depress growth in the economy, and inevitably forces the government to print 'fiat money'... inflating their way out of debt. Inflation is one of the worst of taxes... because it is so broad-based and affects nearly everyone. So: tax cuts are GOOD, but if you can't cut wasteful spending enough to run a fiscally prudent balanced budget... eventually you piss away the beneficial effects of the tax cuts because you produce an inflation-tax. That's the problem: few of this current crop of 'penny wise, pound foolish' politicians have the guts to cut wasteful spending by the government... wasteful spending has SOARED over the past two years. The Departments of Energy, Interior, Agriculture, Defense (Corp of Engineers. etc.), and HHS are were most of the government waste is. Special interest give-aways to crony capitalists and financially fraudulent corporations are where the other half of the corruption in the tax codes hurts our nation.