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

To: tejek who wrote (559196)	4/6/2010 5:55:19 PM
From: TimF	Respond to of 1576295

sure, you can't put all the blame on the tax cuts Its not just that not all the blame can be put on tax cuts, the majority of the blame has to go to the spending side. but what fool cuts taxes to millions of taxpayers while starting two costly wars Wars are temporary, and these are small wars, maybe 1% of the GDP (compared to 30 or 40 times as much for WWII, and much more even for Korean or Vietnam). The wars really aren't a big enough factor to decide fiscal and tax policy. A large majority of the new spending had nothing to do with the wars. Depending on what time frame your starting from if other increases had been kept to inflation (or even to inflation and the growth in population), than the war spending combined with the tax cuts would have resulted in smaller deficits, or even surpluses.