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


To: AK2004 who wrote (491213)11/12/2003 10:56:41 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
Re: "I hate resort to oversimplified examples....."

>>> So don't!

>>> By the way... you never did answer: what 'contradiction'?

------------------------------------------
I'm sorry... what contradiction?

Re: "Just as long as the value of our economy on average"

>>> You mean GNP?

"is growing at a faster pace than the value of the debt"

>>> You mean the dollar amount of the debt? The Debt is growing FAR FASTER than the GNP is.

"then you should not be concerned unless government wastes money like democrats usually do."

>>> Right. Spending (much of it wasteful) is growing FASTER now than at any time since our LAST Texas President: LBJ.

>>> The rate of increase in federal spending over the first three years of Bush II is well over TWICE the rate of spending increase averaged during Clinton's 8 years.

>>> Looks like there is PLENTY of wasteful pork-barrel spending seeping from BOTH sides of the aisle. (And that doesn't even get into the subsidies to commodity crops, and rustbelt industries, the special tax loopholes for the fortunate few... and Crony Capitalism all around).