Edwards statement on deficits...

[renie408]

“When the federal budget deficit approaches $5 trillion over the next ten years, there’s only one thing left to say, enough. Enough of the unaffordable tax breaks for corporations and the wealthy. Enough of the ‘wait and see’ economic plan, and enough of the pretending that deficits just don’t matter. They do matter. I understand that, the American people understand that, and that’s why I will get America back on the path toward a balanced budget and restore fiscal discipline to the White House in 2004. At the rate this deficit is growing, it is going to take hard work and discipline to restore fiscal order, and this president has neither the plan nor the will to do it.”

[molly]

1. Sounds like he and Kerry

pretty much have the same plan.

[renie408]

2. More details...

Here are some more details on Edwards general economic plan to restore growth.

>>Senator Edwards believes that in order to get the economy moving again and ensure economic growth well into the 21st century, we must put aside the old partisan theories and embrace a new economic policy based on the lessons of the past twenty years. Edwards laid out a specific economic plan based on three principles:


Fiscal discipline is key to establishing an economic climate in which business can flourish


The private sector is the engine that drives growth, but basic rules of the road are good for business


Everyone who works hard deserves the opportunity to share in the prosperity<<

The rest is at: http://www.johnedwards2004.com/economy3.asp

[AP]

3. I saw somebody post recently that Bush will remove economy as an issue

by dumping billions into the economy just before the election, and therefore, Dems better run somebody who can beat Bush on issues like Iraq.

I do not see how Bush is going to do anything with the economy with defecits like the ones he's running. Anything he does to dump money into the economy is going to cause bigger defecits which will immediately freak out the markets, and create HUGE problems.