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#1017147 07/30/04 06:49 PM
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Did you read the article!

Quote:

The figure, released in the White House's mid-session budget review, is well above the 2003 shortfall of $374 billion, which set the previous record in dollar terms. But it is $76 billion below the $521 billion forecast for this year by the White House in February.




-Andy


Andy W. The problem with America is stupidity. I'm not saying there should be a capital punishment for stupidity, but why don't we just take the safety labels off of everything and let the problem solve itself?
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Ok, just a couple of simple points.

1. We've been fighting a war, it costs lots of money whether you agree with it or not.

2. We are still $76 billion better than projected last year. (according to the article)


Still sucks, but that's the way our government has been for a long time, its not going to change over night.




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Besides, it's the American way to owe money. If you don't owe money, you don't have any credit. Besides, it's not like we have to worry about any collection agents knocking on the door or making harassing phone calls.

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I wonder what our credit limit is?

Rara is right, with war comes debt, but I guess the way a democrat would look at the situation is why did we SPEND the EXTRA on Iraq when it wasn't necessary at this moment? Afghanistan was, and we took care of that in less than a month. . .

But so bet it, it's done, and we'll come out of debt much like we did after WW1, WW2, the Gulf War, etc. . . (did 'Nam actually put us in the hole more than this war?)

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If the middle class paid taxes at the same rate as the rich, there would be no deficit.

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You have to be kidding me.

No doubt, any fiscal conservative is VERY unhappy with the expenditures of the Bush administration... not because of the increased expenditures on defense and homeland security, but because they have not grown a pair and cut back the weeds of socialist reform in governmental social programs. They have gone so far as INCREASING prescription medicine coverage! GOVERNMENT SHOULD NOT INTERFERE WITH THE FREE MARKET! What they should have done is freeze out other countries in the world. The plan I came up with, was not telling the pharmaceutical companies what we will pay, but telling them that we will only buy from them if they do not reduce their prices by more than 10% to any other country and only give away 5% or less of their products. This would cause them to stop selling to virtually every other country in the world. Within a few months all of those countries would repeal their restrictive laws and they would start paying more and we would pay less, and the companies would still turn a big enough profit to continue research.

OK, about the economy and deficit. Did you actually read the article, or just the first couple of lines? The economy is booming right now. As long as they keep expenditures down (of which there is no guarantee), the increased productivity will bring down the deficit. I can hear you now, "Clinton brought down the deficit." He did. He did it by cutting the military and defense funds that we so desperately needed and had a huge hand in getting us into the mess we are in now. That needed to be rectified. The problem is, that the Republican congress should have cut other unnecessary expenses, instead of keeping them as they were.

How about next time you actually use your brain and write a convincing argument, rather than just posting a link to someone else's work?


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Originally posted by ssmumich00:
I wonder what our credit limit is?





infinity, as long as the Fed keeps printing money and foreigners demand it.


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Originally posted by ssmumich00:
I wonder what our credit limit is?






Must not be too bad, the US Government always has brand new fleet cars.

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