Just my opinion, and I know zilch about economics. I am old enough, however, to know that you save in the good times so when the lean times show up, you're prepared.
Just out of curiosity, Maria S., can you tell me specifically how GWB's so-called irresponsible federal spending has caused you or your family any harm?
I keep hearing these "sky is falling" type of people, and yet I haven't been able to get a straight answer as to how it has made their lives any worst.
In fact I've been hearing that same "sky is falling" stuff since the 1970s and 1980s.
Ironically, the federal deficit in 2005 is a lower percentage of the entire budget as it was back in the 80s, or so I've read in Financial Times and other publications.
Remember all the teeth gnashing and hair pulling when the Japanese were buying our federal debt back in the 80s, when Hollywood and other anti-Republican anti-American types proclaimed that Japan was the truly responsible country, and would soon be taking over the world???
I do, and in hindsight it was laughable, don't you agree?
Anyway, I am babbling, aren't I. Suffice it to say that the deficit is not causing the cataclysmic end of the world, as some naysayers like to proclaim.
Stay safe. Cheer up.
But you can prepare for an armed revolt over your property.
This woman is an imbicile. The so-called "surplus" evaporated as soon as the stock markwet tanked in 2000-01. Meanwhile, despite massive deficit spending and huge tax cuts, Bush budget deficit has fallen for 5 straight months and taxes into the Treasury has spiked higher. These leftwing morons just dont understand how capitalism works.
Is she Paul Craig Roberts' girlfriend? He is another Bush hater who lies about the economy.
More Americans are working now than at any other time in our nations history. 95.1% Employment is full employment, and it's been steady for the last three months (5.0%, 5.0% and 4.9% respectivly).