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

To: Wayners who wrote (658084)11/5/2004 4:07:34 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
Yes, and A LOT MORE.

Only, they ain't gonna do it... they will continue to shovel out the pork to their favored constituencies.

Rough budget balance will likely only be achieved (after MUCH economic pain and sub-optimal growth) by the inflation tax, and currency depreciation.



To: Wayners who wrote (658084)11/5/2004 4:18:22 PM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 769670
 
Cuts in discretionary spending cannot be enough to make a serious dent in the budget deficit. They either have to raise taxes or cut entitlements. It will be painful.


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