Bush Versus Kerry on Economy, Taxes and The Deficit

HobbsOnline (a blog) ^ | July 14, 2004 | Bill Hobbs

[Bill Hobbs]

Knowledge@Wharton, from the business school at the University of Pennsylvania, has just released a survey of some UPenn business professors about the differences in John Kerry's and President Bush's policies and proposals on taxes, healthcare, Social Security and the overall economy. The comments of finance professor Jeremy Siegel are quite interesting...

According to Siegel, however, Kerry's focus on middle-class economic woes is tough to reconcile with economic reality. ... In general, Siegel believes the country's economic situation bodes well for Bush's reelection.

[Bill Hobbs]

As I note in more detail, with links, on my blog, the tax cut-fueled Bush Boom will reduce the deficit much faster than John Kerry's proposals for massive spending increases would.

[Willie Green]

As I note in more detail, with links, on my blog, the tax cut-fueled Bush Boom will reduce the deficit much faster than John Kerry's proposals for massive spending increases would.

Baloney.
Neither Republicrat Big Government candidate has any intention whatsoever of addressing the issue.

Federal Budget Deficit balloons to $326.6 billion so far in 2004

"I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country."

-- President Andrew Jackson - (1824)

I place economy among the first and most important virtues, and public debt as the greatest of dangers to be feared. To preserve our independence, we must not let our rulers load us with perpetual debt. If we run into such debts, we must be taxed in our meat and drink, in our necessities and in our comforts, in our labor and in our amusements. If we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy.

~ Thomas Jefferson