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To: Exton1

The core vulnerability with China is that we cut taxes without cutting spending and China buys most of the U.S. treasuries. So we are basically running the country and the war on a Chinese credit card that they can cancel or call in at any time.

Tax cuts without spending cuts are empty tax cuts.

The next President needs to balance the budget, not play to crowd with empty tax cuts.


18 posted on 09/13/2007 2:06:25 AM PDT by gondramB (Preach the Gospel at all times, and when necessary, use words)
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To: gondramB; highlander_UW
The next President needs to balance the budget, not play to crowd with empty tax cuts.

And the only candidate who is addressing the rumbling volcano in any sane albeit idiosyncratic way is...reviled and mocked by the cognoscenti.

Pinged highlander_uw for having the tagline that says it all for this thread, IMO.

21 posted on 09/13/2007 2:24:37 AM PDT by US at Risk (There are times when the important trumps the urgent.)
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