Christian Democrats in the United States

Domestic Issues - National Debt

We are gradually enslaving our descendents toward inevitable tax hikes for debt service, unless we strike a meteor gold rush some day soon. Painful as they may be, we must adopt policies that require us to pay as we go, and have minimum set-asides for payment of interest and principal. History shows that getting our act together results in a stronger economy. We must reign in our out-of-control high-tech military budget without sacrificing basic troop necessities like body armor and armored vehicles. We should also set maximum borrowing caps against the slope of long-term GDP trend under any circumstance, even war, or we will sell ourselves out to foreign creditors at a vulnerable time.

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Monday, May 7, 2007 1:27 PM

Bush overspending, according to the Bible belt neocon

Article: Name the date -- fastest rise in federal spending since FDR - Paul Weyrich 2006.

This guy Paul seems harsh to me. I personally think the labels of "conservative" and "liberal" have become so twisted that neither one means very much. But he's right about this -- George Bush is spending the U.S. into the ground.

To make it even worse, the current expenditures are doing little to cultivate long-term, meaningful jobs. They are flim-flam and wasted effort, and a lot of money pocketed by "executives" and traders of the abstract.

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