Bush is spending money like mad, and cutting taxes.
Where's the money coming from?
He's going to borrow it. Long term interest rates will go up, investment will decline, and the economy will head toward the tank.
As long as he can spend like mad and keep borrowing he'll look good. Sort of like you or me if we decided to max out our credit cards. And then you have to pay it back. Until then, though, like Bush, we could look great.
Guess who was the last person to try to pay down the national debt? And what happened to the economy?
There's been a sea change between parties. If there is the "tax and spend" Democrats, then there is the "don't tax and spend more" Republicans.
I'll leave it to you to decide who is the more responsible.
And if you're going to tax, a fair tax is best. That was the property tax before the propaganda convinced people they could screw the government. And in my area, schools have a hard time funding themselves. People always call it "waste". And there is. Some. There's enormous waste in the military, congress, IBM.
If there is ONE area we should spend money, it should be on schools. We've all had our chances, we need to give the younger every chance they can get.
Arf
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Government spending.
