Small Deficits?
sorry you got confused...........i was speaking in general.......my point was that pigs tend to eat everything in that's put in the trough, so if the trough is full, it will become empty..........with real pigs, you want them to eat everything in sight, and be fat and happy, but with those pigs in congress, i want them to be lean and mean, giving them just enough food to accomplish that
regarding our current deficit.........it could be, and has been said that the crash of 2000 was just as devastating as the crash of '29.....the ensuing downturn in the economy was simply a natural economic occurrence......add in the economic effects of 9-11 (estimates for just the following week were $100 billion), the tremendous job losses associated with both the bubble and 9-11, the new cost that comes with heightened security, plus afghanistan and iraq
it's kinda like having some disaster happen to that house you've lived in, and raised your children in, and then your insurance company finds some excuse not to help, so you end up getting a new, and unwanted mortgage, so you can rebuild........you look at the bottom line and say, "oh sh*t", but over time, it gets paid off
after the crash of '29, we got the great depression.....now add in an attack on pearl harbor and the following cost of war.............gwb, and this country, had all this happen in a 3 year period, and we basically suffered just a mild recession.........yep, there has been a cost, but that unwanted mortgage will get paid
if kerry had been president under these circumstances, there's a likelhood we would have suffered another great depression..........and with jimmy carter as one of his advisors, kerry's message of "let's spend our way to prosperity" would come straight from the dustpile of past policy disasters..............when the going gets tough, there's no doubt that kerry would do what he's always done, and what he only knows how to do...........it called "tax and spend"......and you're kidding yourself if you think otherwise.........i've said it once, but i'll say it again........kerry is an economic dumbass!
say what you will about gwb, but one thing's for sure, he understands economics and he knows how to manage, and why wouldn't he, since that's what he went to harvard business school for, EARNING an mba in the process.....the only president to do so
maybe we should have a constitutional amendment banning mortgages
