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"Gould 0738" wrote in message ... The debt is a result of decreased revenue from a recession, and increased military and homeland security spending. As well as failure to monitor cash flow and adjust the master game plan to reflect changing conditions in the economy. When Greenspan suggested a tax cut, back during the Clinton years, it was because we were running a surplus. If you're going to use Greenspan's remarks to validate your argument, then you also need to include Greenspan's remarks in February of this year: "I am in favor, as I've indicated in the past, of continuing the tax cuts that are in dispute at this particular stage" He does *not* favor raising taxes to lower the budget deficit. Instead, he promotes tightened spending. |
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