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

To: Road Walker who wrote (196871)	8/5/2004 7:58:43 PM
From: Amy J	Respond to of 1573433

John, Good post. Regards, Amy J

To: Road Walker who wrote (196871)	8/5/2004 8:09:41 PM
From: TimF	Read Replies (1) \| Respond to of 1573433

Fiscal conservatism has, first and foremost, to do with a balanced budget. I'm not saying Kerry would do even close to this, but if he increased spending 40% while increasing taxes enough to balance the budget I wouldn't call him a fiscal conservative, or if fiscal conservatism is to be defined just as balancing the budget (and I would not define it that way) then fiscal conservatism is overrated. A balanced budget at 40% higher spending levels would be worse than what we have now. Tim

To: Road Walker who wrote (196871)	8/5/2004 9:26:42 PM
From: tejek	Read Replies (1) \| Respond to of 1573433

re: I don't consider high and increasing spending combined with tax increases to be fiscal conservatism. Fiscal conservatism has, first and foremost, to do with a balanced budget. It's one of those really uncomplicated things. Bush has guaranteed tax increases, sooner or later. He's spending more, collecting less; it he were a company his stock would be in the tank. In fact if you look at the value of the dollar (as good an analogy to the US stock price as you can probably get), you will see what has happened under his fiscal control. Our money has lost value. Why? Well said. ted