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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: slacker711 who wrote (105511)	3/5/2009 4:02:04 PM
From: Steve Lokness	Respond to of 541920

Slacker; You read me wrong if you think I am balanced budget absolutist. Steve has that covered on this thread. I had to chuckle - so much wisdom in your remarks except this one. I am not a balanced budget absolutist by any means - remember I favor Obama's Stimulus Plan. But not Krugman's. My complaint is that no one seems to care about the deficits anymore. They almost pretend they won't matter. It's as if the entire world bought Cheney's argument that "deficits don't matter". Tell the hoards of people who borrowed too much and now can find no way to get out from the burden. Deficits don't matter - until they do - and then it is too late to do anything about them. As a fiscal conservative, I was so mad at Bush and his recklessness - because of what it did to the discourse on this subject. This nonsense that we can lower taxes forever and that will lead to a balanced budgets is one of the biggest lies foisted on Americans. Now we will have no money coming in from capital gains from the twin bubbles - stocks and housing. And income taxes will dwindle and corporate taxes will dwindle all at a time we need some stimulus! Yikes what a mess. steve