SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Whatnot who wrote (138523)7/12/2005 2:13:07 PM
From: carranza2  Respond to of 152472
 
Of course not because the Republican Party has abandoned all fiscal restraint (government spending is again exceeding the rate of inflation) and is just selling you on the idea that is does not matter. It does and it will

I'm a yellow dog Republican and I agree.

The surplus at the end of the Clinton Administration was nuked by tax cuts enacted just before 9/11 and by Iraq. Any attempt to balance the budget in the future will run into the Medicare prescription benefit.

I am not advocating the right or wrong of any of these budget items, simply noting the fact that they exist. The federal budget deficit's Siamese twin, the trade deficit, is equally troubling.

The GOP is turning into a "spend" party without the "tax" part, i.e., using a massive credit card to fund the deficit.



To: Whatnot who wrote (138523)7/12/2005 2:16:32 PM
From: sylow_  Respond to of 152472
 
Of course not because the Republican Party has abandoned all fiscal restraint

This is becoming the common refrain of parties out of power, while "spend!" is the common refrain of parties/people in power.

I can't believe this is anything but political rhetoric (BS) until people actually do something about it by voting for third-party candidates (or some other solution?).

INet seems to be broken today...

Been phone-plan shopping. Sprint offers deals that are just incredibly better than Cingular. I don't know why anybody would use Cingular. (Disclaimer: I've had numerous high-stakes, frustrating interactions with their customer service on behalf of someone else, all of which (they admitted!) were their fault.)



To: Whatnot who wrote (138523)7/12/2005 2:53:03 PM
From: peterk  Read Replies (1) | Respond to of 152472
 
Please explain why the twin deficits are bad and any evidence that either of them has had any influence on inflation or interest rates over the last 30 years. thx.