KlatooBNikto
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Tue Oct-26-04 07:01 AM
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If Bush gets elected he will manage to bankrupt this country.He is already |
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well on his way, an accomplishement that he probably is even proud of.
David Walker, the U.S. Comptroller General, in his briefing paper says that federal spending is now 20% of the GDP and threatens to become nearly 50% of the GDP in the year 2040.The deficit will soar to 30% of GDP and debt service will be the largest item on the federal budget.
What all this means is that we can clearly see the end of the day when our seniors will have the safety net pulled under them,drugs will become luxury item for people on fixed incomes, doctor visits will be rarities.We are on our way to becoming a Third World nation.
Ironically, I think this will be the proverbial straw that will break the camel's back.The mounting deficits will make it all but impossible to maintain the charade of of Global Hegemony and, hopefully, may return sanity to our political situation.Once again, the people who will get hurt are not going to be named Bush, Cheney or Rumsfeld.
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flyingfysh
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Tue Oct-26-04 07:04 AM
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This was a slogan of the Reagan ideologues who hoped to drive the government so far into debt that it would be unable to fund any social programs at all.
It looks like Bush is well on the way toward that goal.
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Dalvis
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Tue Oct-26-04 07:05 AM
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Republicans don't have to worry about "big government" if they bankrupt all social programs. Its their own special way of repealing the New Deal and the Great Society.
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DU
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Fri Apr 26th 2024, 09:27 AM
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