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December 24, 2012

What's Wrong With Spending To Make Our Lives Better?

-- by Dave Johnson

Not sure what is wrong with "spending." It is the things we do as a democracy to make ALL of our lives better, instead of just a few people hoarding all the money. As a country we can certainly afford to spend on health care, retirement, things like that. We coughed up to bail out the banks on a moment's notice, more than a trillion to invade Iraq. We doubled the defense dept budget under 'W.'

Remember, when he took office Bush said that it was important that we stop paying off the debt. He said that the return to deficits was "incredibly positive news." That is a quote.

Go see for yourself. Here is a news report, Aug 25, 2001: http://www.nytimes.com/2001/08/25/politics/25BUSH.html

President Bush said today that there was a benefit to the government's fast-dwindling surplus, declaring that it will create ''a fiscal straitjacket for Congress.'' He said that was ''incredibly positive news'' because it would halt the growth of the federal government.

Posted by Dave Johnson at December 24, 2012 8:53 AM


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