Title: Re: [QUAD-L] Who's the President?
And there was a surplus when Clinton was in office and more jobs. And
don't blame it on 911 because even before 911 there were more jobs when Clinton
was in office.
Stacy
"People who hate you do not win unless you hate them. Then you destroy
yourself"
----- Original Message -----
Sent: Wednesday, November 03, 2004 11:46
PM
Subject: Re: [QUAD-L] Who's the
President?
Economics 101. It’s something we all sat
through fighting
to keep our eyes open. But I admire your patience Jim,
for
walking some of us through it again.
I suspect however, that
your patient description on the
process was lost on some of the more
knowledgeable elite
among us who would posture such infinite wisdom in
the
vitriolic castigation a great, gentle and noble man who had
the
vision and determination to neutralize the world threat
posed by the
Kremlin.
History will record his leadership in terms most
laudable,
including “the whole star wars thing.” Really!! And I doubt
seriously that it matters very much whether or not you respect
a
president that “barries the nation into debt.” Whatever
that
means.
Boyd
------------------------------------------
On 11/3/04
6:07 PM, "Jim Lubin"
<[EMAIL PROTECTED]>
wrote:
At 03:33 PM 11/3/2004, Stacy Harim
wrote:
Yea, Reagan put us further into debt by
building up nuclear weapons. Only reason why Russia backed down
because they couldn't afford it. The whole star wars thing.
really!!! I don't have any respect for a president that
barries the nation into debt.
Could someone please explain what the big deal is about
national debt? I don't get it. The government gets it's income from taxing
the people. When the government has a surplus it means it's taxing people
too much. When the government is in debt it sells bonds which allow people
to invest and have a stake in the country. Having a debt lowers the value of
the US$ which means other countries can afford to by products manufactured
in the US. When the country had a surplus the US$ was at an all time high
against other currencies and the nation was in a recession. National debt
does not equate to personal debt.
Jim
|
