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

To: Road Walker who wrote (198314)8/24/2004 9:24:41 PM
From: combjelly  Respond to of 1574127
 
"... you run up massive debt, you have to pay it back."

There is always the Weimar Republic's solution. You just inflate your way out of it...

Of course, that can be tricky to pull off. It didn't work out too well for them. But, you know, it should have worked.



To: Road Walker who wrote (198314)8/26/2004 9:54:20 PM
From: TimF  Read Replies (1) | Respond to of 1574127
 
Tell me where you think the money will come from?

I didn't say it wouldn't come from higher taxes, I just said that was not the only alternative. Federal revenue grows even when tax rates do not, and also reduced spending or even a reduction in the rate of spending growth will save money. Unfortunately I think spending is likely to grow strongly under either Bush or Kerry.

Tim


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