Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: TimF who wrote (284888)	4/22/2006 6:15:46 PM
From: tejek	Read Replies (1) \| Respond to of 1573413

A normal thinking person would realize that having to raise the debt level to over $9 trillion in order to accommodate the current budget strongly suggests that spending is out of whack and needs a strong dose of reality. Raising the debt ceiling is quite common and doesn't suggest to much. That having been said I agree that spending is out of whack. I'm just pointing out that the war is only a small part of that fact. The war is the icing on the cake........along with the tax cuts, its what puts us into the red. Its the equivalent of you buying a second car and joining an expensive country club. A private person shouldn't do it nor should the gov't......esp. when the war and the tax cuts were unnecessary.