Heh, very good case in point for what happens when you DON'T pay off the debt. (shudders)
Not what I am saying at all.
I AM saying that we need to be a bit more honest about what wars cost.
Heh, very good case in point for what happens when you DON'T pay off the debt. (shudders)
Fair enough.
The real cost of the Iraq occupation will be paid for by increased terrorist activity, even IF Iraq becomes stable.
Remember that National Intelligence Estimate?
Iraq has become an Al Qaeda cause celebre' world wide. Even if we stay and somehow pull a "win" and a stable democratic Iraq out of our asses, we have FAILED in our primary stated goal of "fighting terrorism", because they will twist ANY pullout as a victory, AND will have had YEARS of bad publicity to bash us with in their recruiting drives.![]()
We will be paying for Iraq for decades to come.
No one can show that tax cuts pay for themselves.
To show any effect that tax cuts had on the economy, the tax-cut-independent business cycle would have to be factored out to leave the tax-cut effects.
When taxes were much higher in to 1940s to 60s, the economny grew tremendously anyway, and the income/national wealth distribution was more fair.
This was on Drudge today.
http://www.thestreet.com/_breitbart/...&puc=breitbart
Tax revenues were high during the dot-com bubble as well. I wonder what they'll call this world-wide all encompassing bubble in the future. The dollar bubble I'd suppose.
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