Thread: Ka-BOOM!
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Old 10-14-2006, 08:04 AM   #116
Mavdog
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first, it is not impossible to decrease discretionary spending, clinton managed to pull it off.

second, it is facinating that the FACT the economy has been juiced by historic federal spending deficits isn't acknowledged by you or by the current administration.

third, it is only due to the use of cheap costs of labor in (primarily) asian countries that the inflationary affect of this huge amount of spending isn't biting us in the ass.

last, what will the fans of the current administration crow about next year when the tax receipts decline (this is predicted) and the deficit increases again? how will the budget fare when the debt service is approaching $500 BILLION a year? answer: not well.

there is no 1-800-debt-free for governments...
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