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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (22902)5/15/2004 8:37:55 PM
From: BEEF JERKEYRespond to of 81568
 
It's true with growth the deficits should come down but there has to be fiscal responsibility.

The way things are now with Bush is he seems to think that if it's military related "spend now and worry later" but longer term that puts the US in a weaker position. That the economy remain strong is just as important as the military remaining strong. I hope the economy can grow enough to seriously put a dent in the deficit – otherwise something will have to give – even military spending. That should be doable - the war on terrorism doesn't need 100 B1 bombers at a billion or two a piece.



To: Bearcatbob who wrote (22902)5/15/2004 8:41:36 PM
From: CalculatedRiskRead Replies (2) | Respond to of 81568
 
OK Bob, the first time you wrote the "deficits are coming down", I let it go. But now that you have repeated this incorrect statement, lets clarify:

The forecast for the current fiscal year deficit, ending Sept 2004, has come down. I am sure this is what you are referring to.

The deficit for this fiscal year will be significantly larger than last year. So the deficits are NOT coming down, they are still increasing.



To: Bearcatbob who wrote (22902)5/15/2004 8:57:21 PM
From: Kenneth E. PhillippsRead Replies (1) | Respond to of 81568
 
Bob, in the past 365 days, the national debt has increased by $675 Billion. That is more than a 10% increase. A 10% increased would be about $640 Billion.