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


To: PROLIFE who wrote (512999)12/19/2003 12:28:00 PM
From: DuckTapeSunroof  Respond to of 769667
 
Re: "no debt paid down".

>>> Technically you are correct in that the TOTAL federal debt kept climbing... albeit at a lower rate.

>>> However significant amounts of federal debt were retired early, taking advantage of lower market interest rates to refinance federal debt obligations at MAJOR long-term savings for the US taxpayer.

>>> True, total debt rose in magnitude --- and I was all over the Clinton admin. for what I regarded as a major failure.

>>> But this new Bush spendthrift we have 'running' things --- makes the Clinton spending and deficits look MINOR by comparison.

>>> We haven't seen such fiscal mismanagement, 'spending like a drunken sailor', long-term SIGNIFICANT damage to the American economy and people, increase in the size and intrusiveness of the federal government --- since our last 'Texas President', LBJ.

>>> What is it that you put in the water down there that so encourages Authoritarians and flim-flam artists? Can't any Texans balance a checkbook?