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Old 01-03-2007, 02:29 PM
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Default Anybody who thinks it's a good idea ...

to skip out on your debts and to wait for you kids to pay them, please raise your hand. Next, anybody who thinks it's a good idea to borrow to pay your debts, please raise your hand.

"President Bush and Democrats in Congress traded jabs today over the budget in what could be an indicator of fights to come. As he prepared to deal with a Democratically-controlled Congress for the first time, Bush asked lawmakers to extend tax cuts. Responded Democratic Sen. Mary Landrieu, "I know people don't like to pay taxes, but the fact of the matter is is that this administration has produced a record deficit."" -CNN.com
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Old 01-03-2007, 02:42 PM
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Originally Posted by George O Well View Post
to skip out on your debts and to wait for you kids to pay them, please raise your hand. Next, anybody who thinks it's a good idea to borrow to pay your debts, please raise your hand.

"President Bush and Democrats in Congress traded jabs today over the budget in what could be an indicator of fights to come. As he prepared to deal with a Democratically-controlled Congress for the first time, Bush asked lawmakers to extend tax cuts. Responded Democratic Sen. Mary Landrieu, "I know people don't like to pay taxes, but the fact of the matter is is that this administration has produced a record deficit."" -CNN.com
what spin. Either you or the article forget to mention bush is also asking congress to use fiscal restraint in there decisions
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Old 01-03-2007, 02:47 PM
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Originally Posted by gixaholic View Post
what spin. Either you or the article forget to mention bush is also asking congress to use fiscal restraint in there decisions
It might be a little late in the day for Bush to start exercising 'fiscal restraint', wouldn't you agree?
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Old 01-03-2007, 02:48 PM
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Originally Posted by George O Well View Post
It might be a little late in the day for Bush to start exercising 'fiscal restraint', wouldn't you agree?
i agree that the article or you aren't telling the whole story
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Old 01-03-2007, 02:56 PM
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Originally Posted by gixaholic View Post
i agree that the article or you aren't telling the whole story
There's no story to tell. Bush handed out tax breaks like party favors and now we have record deficits.
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Old 01-03-2007, 03:00 PM
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Originally Posted by George O Well View Post
There's no story to tell. Bush handed out tax breaks like party favors and now we have record deficits.

Did you know that even with all these tax cuts. The government is pulling in more tax dollars then in it's history. Gee how does that happen....... here i will spell it for you G-R-O-W-T-H............

and if it wasn't for social programs we wouldn't even be in the hole.
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Old 01-03-2007, 03:07 PM
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"The government is pulling in more tax dollars then in it's history. Gee how does that happen....... here i will spell it for you G-R-O-W-T-H............"

>>>What you're not understanding, Gix, is that the only G-R-O-W-T-H we've had has been in the deficit and the debt.
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Old 01-03-2007, 03:07 PM
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Originally Posted by gixaholic View Post
and if it wasn't for social programs we wouldn't even be in the hole.
Good point, but don't forget pork barrel spending by both parties.

George-Tax breaks actually increase the government's revenues. Look at the other two instances of tax breaks to the middle class. Well I guess you won't because one of them was Regan.....but the other was a liberal darling...JKF. Revenues increased after his cuts as well. History pal, history.
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Old 01-03-2007, 08:13 PM
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Originally Posted by George O Well View Post
"The government is pulling in more tax dollars then in it's history. Gee how does that happen....... here i will spell it for you G-R-O-W-T-H............"

>>>What you're not understanding, Gix, is that the only G-R-O-W-T-H we've had has been in the deficit and the debt.
im am just waiting for you to say prove it because i have the numbers. So tell me when.
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Old 01-03-2007, 08:22 PM
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Originally Posted by George O Well View Post
There's no story to tell. Bush handed out tax breaks like party favors and now we have record deficits.
Well, you know, the war is also just a little expensive, though we still don't have a national debt as bad as Japan's; theirs is more than the country's GDP.
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