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

To: i-node who wrote (380807)	4/27/2008 3:00:01 PM
From: TigerPaw	Read Replies (1) \| Respond to of 1573683

Tax cuts will never improve an ailing economy. The benefits of a tax cut go to companies that are already doing well enough to pay significant taxes. The economy can only be improved by aiding those companies which are struggling and thereby paying little or no taxes. TP

To: i-node who wrote (380807)	4/27/2008 6:38:18 PM
From: RetiredNow	Read Replies (1) \| Respond to of 1573683

yes, those are good points...and btw, I'm all for booking that debt, which would be in keeping with GAAP for government accounting. It would help everyone realize just how big our problems are as well. However, military spending is a very big problem. In 2008, the best guess as to what we will spend on the military across all gov't agencies is estimated to be $1 trillion. That will be 1/3 of our national gov't spending. That is shameful considering that we're likely to have around an $800B budget deficit when you include the off-book emergency spending appropriations for the wars in the Middle East. Disgusting and shameful. It's destroying our country, not making us safer.