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

To: Neocon who wrote (416934)	6/20/2003 11:47:16 AM
From: American Spirit	Read Replies (1) \| Respond to of 769670

RR's economy took off but not for that long. I don't have time to dig up numbers but everyone knows the "greed is good" era only last a few years then turned into toe "malaise" and recession of the Bush Sr. years, which we did not recover from until Clinton was in office for about 1-2 years. And the problem was DEBT. And that problem is going to be a lot worse this time under GW's non-stop debt-loading. You can't cut revenues the way he's doing and grow spending then expect everything to right itse;f. That is the definition of Voodoo Economics. All you do is devalue the dollar and leave our kids huge interest payments. In this case you also endanger the solvency of the US government and heap bigger local taxes on everyone. Those hurt the little guy especially. And of course services are cut drastically, especially from education, health care and public safety.