Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: tejek who wrote (175428)	9/26/2003 7:05:58 PM
From: TimF	Read Replies (1) \| Respond to of 1578949

The problem is that spending has been increasing faster then the economy is growing. Bull.........spending has not increased by a 1/2 trillion dollars. That's how much the deficit will be next year. Read my sentence again carefully. It is 100% true. Of course there are other factors as well. A smaller one is the tax cut. Another one is the simple fact that the economy went in to a mild recession and then a very anemic recovery greatly reducing expected revenue, that last factor, which is probably the biggest part of the deficit, falls under my statement about how "spending has been increasing faster then the economy is growing". Tim