[Rhodes22-list] Politics and discussion between Slim, Brad, et al.

[Brad Haslett]

Dave,

Please, buy a history book.  Here's the link again.

http://www.cbo.gov/showdoc.cfm?index=2731&sequence=2

Federal government borrowing as a percentage of GNP (the only rational way
to look at it) has varied up and down regardless of which party occupied the
White House.  The peak, in fact, was under FDR.  He did have a little war on
his hands so let's forget what party he belonged to and give him some slack.

Reagan borrowed money and put the Cold War behind us.  When the Soviet Union
ended it set the scene for Clinton to benefit from the "peace dividend".  He
might have spent it on new programs but the Republican sweep of 1994 didn't
allow it.  Record taxes from the DotCom boom allowed the debt to be paid
off.  The real problem is the long term cost of entitlements.  Either we
raise taxes, I mean really raise taxes, along the likes of Europe, or we cut
back on entitlements.

You did get one thing right, just the one thing.  Conservatives don't like
to pay taxes.  At least I don't!

Brad






On 11/10/06, DCLewis1 at aol.com <DCLewis1 at aol.com> wrote:
>
>
> In a message dated 11/10/2006 8:28:17 A.M. Eastern Standard Time,
> ekroposki at charter.net writes:
>
> Conservatives accept that reasonable taxes for maintaining the
> society  are
> in order.
>
>
>
>
> This is egregious baloney unsupported by any historical fact or  analyses.
> Conservatives do not want to pay taxes, but they do want all the  services
> (defense, education, etc).  The national debt  statistics (see ustreas.govand do
> the analyses) clearly show   "conservative" governments (Reagan, BushI,
> and
> BushII) have incurred  historically high debts by any historical
> standard.  This
> nation has  existed for more than 200 years, just those 3 presidents have
> incurred the large  majority of the existent national debt in less than 20
> years.
> Faced with taxes  or borrowing to fund the government conservatives have
> borrowed.  The  historical record is absolutely unequivocal.  And the
> problem is
> not "we  lost our way", the national debt record clearly shows that huge
> borrowings  started with Reagan.
>
> The historical record shows there is absolutely nothing fiscally
> conservative about political conservatives.
>
> Dave
>
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