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Please explain for us again how the Iraq was is like the American Revolution. |
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The New Number Are Out.
Did everyone see that the deficit at 319 Billion down from 412 billion last year. Even more important this year's deficit is 2.6 percent of GNP where last years deficit was 3.6 percent of GNP. In 1983 the deficit was 6 percent of GNP.
2.6% of GNP ain't bad when one has a war on and just pulled out of a recession. I think during World War II is was like 120% of GNP. Once again the surge in the economy trumps tax cuts and spending increases. If we get a 100 billion drop every year we will balance the budget in three more years. |
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If that's so, hasn't Spanky done just that? He's already declaring it a great success. |
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But I will say, from our perspective, every foreign policy foray is a risk, and the downside of this risk were pretty minimal. So from a risk reward analysis I think it was the right decision. Actually the big risk was the war itself. We didn't know if Saddam was going to use a WMD on our troops and if he did we could have lost hundreds of thousand of men and women. But he did not, so the real big risk is over. The biggest down side has been avoided. |
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If spending increases by 400 billion next year but economic growth increases revenues by 500 billion then that will be good. That is what kept happening in the 90s. |
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ETA: And I'm not in this for par. I spent years reading and believing that the GOP stood for REDUCING government spending and the size of the federal government. I think the 1994 congress did truly believe this. I think Newt truly believes this. But the bumbs in office now care only about maintaining power. |
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I'll agree to this if penske will, also. |
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Cheney
I've been reading various asides about how Cheney has become disengaged from the Administration generally and/or how Cheney and Bush don't seem to like each other anymore.
Can't really find much more about it though, which isn't hard to guess since Cheney's has been most low-profile Administration official since the 2000 inauguration. Spanky? Any truth to the stories? What's it looking like from the persona non grata wing of the party, as you've put it? |
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Mortal sin... even for me. |
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