The Guardian: Nato is a threat to Europe and must be disbanded

[Tingkai]

Originally posted by Ned
Big spending Democrats always seem to push the economy forward.

The Democrats were not big spenders. Government spending declined as a percentage of GDP during the Clinton years.

Originally posted by Ned
As a result, we had tax cuts and high spending during the Reagan years and the economy really took off.

Which was unsustainable and that's why the US economy tanked in the late 80s.

Originally posted by Ned
We continued to have high deficits under Clinton until the last years, when we switched to a surplus. That surplus helped bring about the stock market crash of 2000-2.

The US fiscal deficit shrank throughout the Clinton years.

To claim that the surplus caused the stock market crash is a bit like saying it rained yesterday and my computer crashed so therefore the rain caused my computer to crash.

Originally posted by Ned
Bush still talks the traditional Republican talk of balanced budgets in public. But he has been the biggest spender in history in addition to being a president who cut taxes. This all was necessary to pull us out of our deflationary recession. All I can say to Bush is bravo!

The problem is the recession is gone, but the US continues to suffer from the problems created by the "cure". In this case, Bush's cure has proven far more damaging than the initial problem.

[CharlesBHoff]

It is good in away that Bush won. It we fail in Iraq like we fail in Vietman the Neocom and Bush will take the blame for than fail polcies. Our ecomony is going to collipase into than total fall some time in Bush second term.

It depend on what you use borrow money for. It you use borrow money to get sex from whores that than bad way to use borrow money, it you use borrow money to built than apartment builting that a better use of borrow money.

[Ned]

Originally posted by CharlesBHoff
It is good in away that Bush won. It we fail in Iraq like we fail in Vietman the Neocom and Bush will take the blame for than fail polcies. Our ecomony is going to collipase into than total fall some time in Bush second term.

It depend on what you use borrow money for. It you use borrow money to get sex from whores that than bad way to use borrow money, it you use borrow money to built than apartment builting that a better use of borrow money.

Charles, good thinking.

We borrowed money to get the economy going again, a fundamentally worthwhile investment. Now it is time to reduce the deficit to restrain inflation and to keep interest rates low. Bush has committed to reducing the deficit ASAP.

On Iraq, I think the majority of the people of the world agree with you that Bush will more likely stay the course there than Kerry, even if Kerry is more intelligent, articulate, etc. Kerry's fundamental problem was lack of commitment to one position. He liked ambiguity.