O/T: Welcome To Big Time Politics
" wrote in
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On 20 Feb 2011 00:02:45 GMT, Han wrote:
knuttle wrote in news:ijpld0$g1p$1
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Up about 40% from two years ago.
So what? Reducing taxes
Exactly what taxes have been reduced?
and expending money to fight two wars
They have been going on *far* longer than two years.
doesn't put money into the piggybank.
Neither does spending 65% more than you make.
Yes, indeed, it does date from more than 2 years ago. Remember that at
one time (I believe it was the Clinton era) that there was a surplus?
Tax cuts (to the rich especially) and a war in Iraq based on intended or
unintended deception plus a mismanaged war in Afganistan caused the
current deficit. This was of course compounded by mismanagement of
several branches of governmemt (Bureau of mining etc, and oversight of
banking are only 2 of them) caused the housing bubble.
Now everyone wants to keep their benefits that they are "entitled" to,
and wants someone else to pay. I guess that is human nature, but what
about the common good?
--
Best regards
Han
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