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Old June 26th 05, 09:04 AM
Spike
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One side taxes and spends and the other side creates huge welfare
programs, and support the notion that people should not take
responsibility for themselves. Two sides of the same coin.

Maybe it's because I am more of an optimist. Things tend to balance
out one way or another. The pendulum swings both ways. I much prefer
to hold that view, the to be forever worried about gloom and doom
around the corner.

I figure, sooner or later, we're going to see a major epidemic, or a
major war, or some other means by which nature tends to balance out
the populations, and allow things to renew. I'll deal with that when
the time comes. Meanwhile, I'm going to enjoy my life whether times
are lean of plenty.

And on that note, in the words of Red Skelton... "Goodnight, and may
God Bless"....

On Sun, 26 Jun 2005 00:20:11 GMT, rw >
wrote:

>Spike wrote:
>
>> Actually, I believe the economists say "neither". That this has been
>> going on for a good 50 years.

>
>Wing nuts talk about the "tax and spend Democrats." They don't talk much
>about the "spend and spend" Republicans.
>
>When Clinton left office there was a very substantial budget surplus,
>and there were projected surpluses "as far as the eye could see." This
>led Alan Greenspan, Chairman of the Federal Reserve, to worry that our
>biggest danger was that we'd pay the national debt down TOO FAST! Yep,
>our biggest problem was that we'd be up to our asses in ice cream.
>
>Well, that fat tax cut for the wealthy and the ongoing cost of the Iraq
>Quagmire fixed that problem.
>
>This huge deficit, which is growing more huge all the time, is a big
>deal. It's unsustainable. If this keeps up we will have to devalue our
>currency in the not-too-distant future, and then the **** will hit the
>fan. In the meantime, we're giving China political leverage because
>they're keeping us afloat.


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