I've got news for you. Deficits are bad. No matter how small or large. Each year that we carry a deficit we contribute further to national debt. Now we have to pay interest on our debt because it was more important to have the wealthy pay lower taxes and it was more important to invade iraq. Clinton eventually created surplusses, this is the opposite of deficit and actually gets us out of debt faster. So, we didn't borrow quite as much money from the Chinese as we projected we would this year, this is truly a minor gain. It is not a good thing to be in debt as a whole country. Are you glad we are in debt to the Chinese?
2006-07-10 12:15:36
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answer #1
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answered by Derek D 2
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If it weren't for the conservatives, there would be no deficit. And the tax cuts are an illusion. What you gain in tax cuts here, you lose in inflation, as well as in local and state taxation. It all flows back to the failure we call a "government" or back into the pockets of the corperate slavedrivers. Although I am not a big fan of either side, the liberals had this country financially stable, as well as a bit less violent.
There is nothing "good" about outright acts of oppression and violence against others.
And just for giggles, do you make minimum wage? I bet not.
No matter how polite you try be about it, an insult is an insult. You might as well not sugarcoat it. There are some of us that can taste the bitterness in your words.
2006-07-10 19:20:06
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answer #2
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answered by ? 2
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No shock. It worked in the 60's when Kennedy did it, it worked in the 80's under Reagan, and it still works today. Yet dem-a-rats still want to raise taxes and 10,s of millions of tax paying Americans agree!!
2006-07-10 19:02:21
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answer #3
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answered by mr.bill 3
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Yup, money in motion make the world go round .
2006-07-10 18:55:36
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answer #4
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answered by Scott c 5
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Well when people have the money to spend.. they spend it...
when they spend it.. they spend it on companies, when companies make more money they invest it by making more goods, and expanding their companies, and by hiring more people, and those new hires now have more money to spend opn companies...
2006-07-10 19:00:22
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answer #5
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answered by alexg114 3
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