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

To: Neocon who wrote (426839)	7/14/2003 3:34:38 PM
From: DuckTapeSunroof	Read Replies (2) \| Respond to of 769670

"It is merely a matter of rearranging their accounting. I am sure that if one were to match up borrowed dollars with things like office construction, additions to the federal auto fleet, the interstate highway system, and other such big ticket items, one could work it out to show that most of the borrowing corresponded to capital improvement ......." >>> I'M SURE NOT!!!!!! >>> You clearly fail to understand where the money goes. The bulk of federal spending is transfer payments... any 'capital improvements' are a mere drop in the bucket by comparison. >>> As Reagan often pointed out: the federal government doesn't do much 'investing' (nor would we want them to.)