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


To: Brumar89 who wrote (365099)1/2/2008 5:37:27 PM
From: American Spirit  Read Replies (1) | Respond to of 1572643
 
LIAR. Bush's deficits are through the roof. What we see today is clear evidence of STAGFLATION, that is energy and debt driven higher prices combined with a slowdown in the economy.

Any corrupt fool can juice an economy for a few years by borrowing trillions and spending them as Bush has done, but under Clinton, once we paid off the Reagan deficits, we started paying as we went and the economy really thrived in a sustainable way and even produced huge surpluses.

The real proof of this is in the value of the dollar. When our e3conomy is strong and sustain as it was in the 90's, the dollar is strong, when we are squandering our money and have an irresponsible party like there's no tomorrow, then the dollar plummet, as it has under Bush.

BTW, George Soros is no liberal. The reason he went against Bush is precisely all of the above, but he sniffed fascism and grew up under two types of it, so he never wanted to see America go through what he did as a Hungarian. Also, Soros knew first-hand Bush is a crook. Bush cheated Soros with the Harken Oil insider trading sale.



To: Brumar89 who wrote (365099)1/3/2008 1:01:23 AM
From: tejek  Read Replies (1) | Respond to of 1572643
 
Let me make myself clear. Because of economic growth, the trend of increasing tax receipts is growing faster than the growth of spending. Ultimately that will get the budget into balance. Without raising taxes.

How far into the future do you see those trends intersecting?