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To: Nikole Wollerstein who wrote (64736)	10/23/2006 6:13:00 PM
From: Travis_Bickle	Read Replies (1) \| Respond to of 306849

You are suggesting a "stay the course" approach to financing the government?

To: Nikole Wollerstein who wrote (64736)	10/23/2006 6:42:07 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 306849

This financial strategy "Grandpa's got a new credit card" was pioneered by Ronald Reagan and was continued to excess by both George Bush and George W Bush. Spending money on debt is always a "feel good" experience. Its only later that it doesn't feel so good when the bills come due. Even Russia has been able to pay off all of their national debt by going through a lot of pain. There's no excuse for the deficits Bush is running, and paying them off will require pain similar to that experienced by the debt-laden Soviet Union. But once the debt gets that bad, no doubt it will be time for you to switch counties again. .

To: Nikole Wollerstein who wrote (64736)	10/23/2006 6:52:18 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 306849

oh please, the dollar has crashed 40%, and the DOW and Nas are lower than when Bush arrived. We have a stock market that is similar to a Carter-era market. Unheard of in this era, horrible. You aren't going to get a lot of sympathy for your propoganda here, and in case you haven't noticed, the Bush byline is wearing thin with EVERYBODY. Talk shows are now talking up this budget busting that has occurred the past few years. These dangerous fiscal policies are going the way of the dodo bird.

To: Nikole Wollerstein who wrote (64736)	10/23/2006 8:14:00 PM
From: Dan3	Read Replies (1) \| Respond to of 306849

Re: tax increase will not shrink the deficit Are you one of those people who think that eating a lot of calories won't make you gain weight? "Eat all you want, just stay away from carbs (or protein or dairy products), and you'll lose weight" Sorry, Nikole, it ain't so.

To: Nikole Wollerstein who wrote (64736)	10/23/2006 10:20:45 PM
From: Les H	Read Replies (1) \| Respond to of 306849

DOW up 77% three years after Clinton tax increase in 1993. DOW up 53% three years after Bush tax increase in 1991. It's absolutely worthless to talk about the effects of government policy on tax revenues, the economy, the markets, etc. without also acknowledging that spending and monetary stimulus plays as much or larger role. For example, the spending increases under Bush dwarf the effect of the tax cuts in 2001 and 2003. He's spending nearly 800 billion dollars a year more than at the bottom of the recession in 2002. The tax cuts amount to 180 billion dollars a year. A substantial part of the spending increase probably mitigates the lost revenue from the tax cuts because of the increase in consumption and resulting employment.