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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (24060)	10/17/2008 2:39:33 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 25737

There were sensible arguments in that WSJ opinion piece, but in practicality it's unlikely that all that much of the 'doom and gloom' invoked will ever come about. For one thing, the federal deficit that Bush is leaving behind (likely to range upwards to near 1 Trillion next year...) will CERTAINLY put a capper on big new federal spending projects. (It is unlikely that much savings will come about as a result of Iraq policy changes, for example, for any of the first two years in any event. Much else in federal deficit spending is locked into a glidepath that will be exceedingly difficult to reverse....) And, as the opinion piece itself notes "It's always possible that events -- such as a recession -- would temper some of these ambitions." (THAT MUCH is a fairly safe bet. :-( As far as the Democrats 'reaching a 60 vote majority in the Senate'... I, for one, highly doubt it. (At best I expect they will reach 56 or 57 this year... and that's counting Lieberman. <g>) And, in the out-year elections of 2010 and 2012, I expect that the Republican Party will net-gain seats in both the House and the Senate.