Oso planning to go pro
chicos - I understand your POV, but I dont like seeing old people asking me for a dollar.It aint american!
Meanwhile one of the greatest economies in the history of the country continues!
Eagle----please understand the politics here----the first term of any president is marked with higher spending because he wants his ducks in order for the next election-----however in the a 2nd term they contain spending and undo the excessive spending of the first term (especially true the first term if they inherit a recession)-----this has been going on for as long as the Republic!The highest peace time deficit in my memeory took place in G Bush Sr's term (got close to 6% of GNP as I recall)------Clinton came in and spent as normal for a first term president (remember Hillary's stab at National Healthcare?)----but then in his 2nd term restrained his spending and in fact initiated a tax increase and balanced the budget.Please note that the deficit from domestic spending is closing sharply and ahead of schedule in GWB's 2nd term as well. The congress is now trying to spend and GWB answers with veteos!
Nice revisonist history again, Murf. Spending caps were put in place prior to the 94 election. Deficit reduction was a priority.
In the end, bush has lost all legitimacy and can no longer govern. We have a lameduck president and a congress divided. Time for non-partisan leadership - Barak Obama