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

To: TimF who wrote (175441)	9/27/2003 12:57:37 PM
From: tejek	Read Replies (1) \| Respond to of 1579125

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". Yes, and this president asked for and got another tax cut this past spring and is planning to ask for another one this fall. What does that tell you about the quality of this presidency? The half trillion deficit primarily is due to tax cuts. The cuts that the GOP says repeatedly we can afford. Its a joke! The party that's supposed to be the most fiscally conservative is spending/cutting taxes like there is no tomorrow. ted