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


To: tejek who wrote (184567)3/12/2004 12:59:16 PM
From: Tenchusatsu  Read Replies (2) | Respond to of 1572512
 
Ted, When are one of you GOP geniuses is going to explain to me why the national debt as a percent of GDP keeps going up dramatically under GOP administrations?

Maybe Bush can explain that one himself. Meanwhile, I'm not expecting this recovery to last much beyond this year. Maybe it's a good idea to let Kerry become president after all. It could pave the way for Ah-nuld 2008. ;-)

Tenchusatsu



To: tejek who wrote (184567)3/14/2004 2:00:27 PM
From: hmaly  Read Replies (3) | Respond to of 1572512
 
Ted.. Re..When are one of you GOP geniuses is going to explain to me why the national debt as a percent of GDP keeps going up dramatically under GOP administrations? Talk about ponzi schemes!


Because after the last three democratic presidencies, Johnson, Carter, and Billy boy, the country was left in a recession, caused by overtaxation, and high rates of gov. deficit spending. Deficit spending in times of war, and recession are normal, in peacetime, without a recession, they shouldn't be normal. The problem isn't deficit spending per se, it is never paying the loans back, once the recession is over, during peace times.