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

To: TopCat who wrote (530121)	1/26/2004 8:26:01 PM
From: Kenneth E. Phillipps	Read Replies (3) \| Respond to of 769670

Bush inherited a $5.6 Trillion surplus and turned it into a #2.9 Trillion deficit. washingtonpost.com

To: TopCat who wrote (530121)	1/26/2004 8:44:29 PM
From: Steve Dietrich	Respond to of 769670

<<he key point is that the amount of deficit spending has a lot more to do with the state of the economy than who happens to be the President at the time.>> If only this were true. Reagan presided over a booming economy and exploding debt. Clinton presided over a booming economy and dwindling deficits. Now Bush is back to the extreme fiscal irresponsibility of Reagan. We had a short, shallow recession which has been over for years yet the deficits and debt just keep growing. If he were a CEO he'd be fired for losing money during an economic expansion. Steve Dietrich