[JTN]

I need to make a correction to my last post to you. Unless I am mistaken, interest rates are actually lower than when Bush was first elected (although that is the responsibility of the Federal Reserve and not the administration). As for the lower taxes, they are nice, but they won't mean much if the government doesn't do something to decrease spending and reduce the debt. No one in charge seems interested in doing this.

[MassachusettsGOP]

Remember, Deficit spending in the Short Term does not hurt the economy, and if those debts are dealt with appropriately, it can be a viable way to spur the economy.

The problem occurs when deficit spending becomes a habit, and our politicians have no incentive to end the tactic.