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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (175227)	9/17/2003 7:34:34 PM
From: TimF	Read Replies (2) \| Respond to of 1578926

The conservatives in Congress who think the Endowment of the Arts and Amtrak are a waste of time and money are trying to cut those programs. True but few of them are saying you can balance the budget but cutting only those programs and if you respond to those people to make a more general claim that you can't balance the budget through cutting spending then you are attacking a weak argument while pretending you are attacking a more solid one. Secondly, making large cuts in even big programs may not be doable, because behind every program, there is a constituency that will not let Congress do much cutting. And there is also a constituency for not raising taxes. Besides, there has been considerable cutting to make way for the tax cuts and the war. No there hasn't been. There have been increases even excluding the war costs. That may not be the problem. Cramer is saying we are not growing fast enough to outgrow the deficit. I agree. If spending doesn't grow at all and the current growth rate continues then the deficit goes away in a few years. Good night Ted Tim