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

To: Peter Dierks who wrote (220739)	2/25/2005 9:59:47 AM
From: Road Walker	Respond to of 1573711

re: Tax reduction can only benefit taxpayers. Since the 51% of the population that pays taxes is in your definition, rich, of course when we needed to stimulate the economy to prevent major recession, taxpayers were the beneficiaries. It didn't "prevent a major recession", it artificially interfered with the business cycle. Bush has run up deficits that are going to lead to a much, much worse recession; he's running the government on the Fed credit card. Worse, if the countries that are holding 40% of that debt decide to diversify, then we will not be able to afford to buy imports. And we are a service society, without the means to manufacture the goods we need. We are even net importers of agricultural products, for the first time in our history. This is a recipe for stagflation, or much worse. Bush has put us in a very precarious position. And with his diplomatic charm, he's not making many friends overseas. In fact, politically, other nations are coming together to counter the US. re: I will give you the benefit of the doubt, you are uneducated rather than unable to comprehend. Open your eyes, look around, and think without your partisan prejudice. John