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To: playball0
They aren't telling us anything we don't already know-
our social spending programs are unsustainable, especially until the baby boomers all die.

The problem is not the tax releif, it is the absurd spending that is going on. Deficit is the only constraint to this, i.e. the government will always spend whatever it can. Deficits are the only way to slow or stop this spending. I have read somewhere that the growth in spending has actually slowed somewhat recently.

The IMF feels our politicians may not be able to control themselves and will eventually wreck the dollar spending away in a few years. I see this as a potential risk to our country and therefore the rest of the world in coming years. It will be difficult to accomplish, but if anyone can do it it will be our congress.
18 posted on 01/07/2004 6:31:12 PM PST by ruppertdog
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To: ruppertdog
Thank you for adding some sense to this discussion. It seems like people are reading this report, seeing it as an attack on President Bush, and then writing it off out-of-hand. They're making a big mistake.

The problems the report addresses are real. Blame pervades our entire system. We can't ignore the deficits. Maybe it's because I'm in my 20s, but I am worried about the time when these bills come due.
21 posted on 01/07/2004 6:45:22 PM PST by HostileTerritory
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