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View Diary: Dem Econ Agenda: Budget Balancing = Reforming Government (236 comments)

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  •  Your Capital Investment Money Is Being Flushed (3+ / 0-)
    Recommended by:
    opinionated, RainyDay, pkbarbiedoll

    down the toilet in Iraq.

    The money would have to come from somewhere. Our debt load is too high. We have to talk about responsible finances. Increasing revenues and reducing debt SO THAT we can make these important investments.

    Republicans invest in a war machine. That's always been a big difference between them and progressives. We lost the elections, now we have to deal with the clean-up first. That's what we get for losing.

    •  No Thanks, I'm Not (0+ / 0-)

      going to be the gopers' maid.

      If anything, Iraq shows us we've got plenty of money.

      But, seriously, remember, in the long run, investment pays for itself and more.

      Interest rates are not particularly high right now, so I don't see the great economic benefit of deficit reduction.

      Democrats are the party of those who are working, those who have finished working, and those who want to work. -- Elizabeth Edwards

      by philgoblue on Mon Jul 10, 2006 at 07:24:45 AM PDT

      [ Parent ]

      •  Keep Spending Into Oblivion (0+ / 0-)

        And see what happens to interest rates. Investment burdened by excessive debt does NOT guarantee returns.

        That the market doesn't appreciate our excessive debt yet is a point bonddad has made again and again.

      •  $250,000,000 a day in Iraq (0+ / 0-)

        Do we really have that kind of money?

        Half a 'trillion' now to fund a civil war!

        And to the conservatives they are betting that this will all somehow work out because China will keep on buying up our debt because that's what the economy is built on--debt.

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