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hay rick Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-17-08 04:58 PM
Response to Reply #12
14. agree and disagree
Actually, GWB brought us back to our bad, old deficit spending habits in 2001 (on budget) and 2002 (total budget). The economy going in the toilet would make our current bad situation much worse as the size of the deficit would balloon in response to reduced revenues from both individual taxpayers and corporations. At the same time, claims on some entitlement programs would increase. The cost of borrowing would increase and an increasing share of our revenues would be spent on interest. This would make a dumb war even dumberer.

Such a scenario should provoke a much more extensive conversation (your "natural discussion") on the $ cost of the war. You and I would talk about it. I just don't think that the media and the mass of the electorate will latch on to the connection that our oversized military budget, our war expenditures, and the borrowing that they entail are fuel for a fiscal fire.

I think there's a pretty good chance we will find out. Hope I'm wrong.
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  -So the War Isn't Gonna Be an Issue, eh? babylonsister  Feb-16-08 06:38 PM   #0 
  - Obama, Clinton, and McCain ALL vote for it and fund it nt  msongs   Feb-16-08 06:47 PM   #1 
  - The reality is that 1 of those 3 people will be our next president.  elocs   Feb-16-08 06:57 PM   #3 
  - So we have 160K plus of our finest just vacationing long term in Iraq and Afghanistan, hey!  NRaleighLiberal   Feb-16-08 06:56 PM   #2 
  - It's certainly still an issue for me, I know that much.  Brigid   Feb-16-08 07:07 PM   #4 
  - So the fact that we are spending trillions on "defense"--  eridani   Feb-16-08 07:28 PM   #5 
  - kirschwasser  hay rick   Feb-16-08 07:37 PM   #6 
  - If the economy truly crashes...  adsosletter   Feb-16-08 07:41 PM   #7 
  - disagree  hay rick   Feb-17-08 12:59 AM   #8 
     - Keynes had a way to provide for deficit spending...  adsosletter   Feb-17-08 01:13 AM   #9 
     - you are kidding, right?  Skittles   Feb-17-08 01:47 AM   #10 
        - yes and no  hay rick   Feb-17-08 10:11 AM   #11 
           - The government has to have money to spend before they can  adsosletter   Feb-17-08 03:42 PM   #12 
              - agree and disagree  hay rick   Feb-17-08 04:58 PM   #14 
              - Yes, I see your point...  adsosletter   Feb-17-08 05:09 PM   #15 
              - and furthermore  hay rick   Feb-17-08 05:14 PM   #16 
                 - maybe your skepticism regarding the electorate...  adsosletter   Feb-17-08 05:22 PM   #17 
  - Me being me..the Misbegotten War On Iraq  zidzi   Feb-17-08 04:28 PM   #13 

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