estimated $1.08 trillion in cumulative deficits for the coming five years alone. What happened to the Balanced Budget Amendment when we need it?
Just because the repubs are now in power doesn't make the issue any less valid. We should be just as critical.
1 posted on
02/04/2003 4:58:09 PM PST by
RJCogburn
To: RJCogburn
The Chinese should do quite well on all the coming defense contracts
2 posted on
02/04/2003 5:06:34 PM PST by
joesnuffy
To: RJCogburn
I'm against the government seizing and redistributing 2 trillion dollars of American's wealth, but one must view these deficits in light of the economy and the budget. From
Nealznuz
| Year |
Amount of Deficit |
Percentage of Domestic Product |
| 2004 |
$307 Billion |
2.7% |
| 1992 |
$290 Billion |
4.7% |
|
1983 |
$207 Billion |
6.0% |
To: RJCogburn
Spend all you want, we'll print more.
To: RJCogburn
Pubbies won't be in long if they don't cut spending.
7 posted on
02/04/2003 5:17:17 PM PST by
dalebert
To: RJCogburn
Heck, we should have the government as far in debt as possible, and never pay it back. If they can't borrow any more money they can't SPEND ANY MORE. In the meantime, we should limit taxes as much as possible so WE don't go broke.
By that time, hopefully, we can stop government OVERspending. It's foolish to think we can continue runaway spending with no consequences.
9 posted on
02/04/2003 5:58:16 PM PST by
caisson71
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