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dixieflyer said:As a life long Republican, I always thought the Dems were the king of government spending. Since the federal government exceeded its budget, the Rep. controled congress just pass a "supplimental budget" to increase the spending ceiling by a few more million. In other words more debt. To make matters worse Red China is buying up our treasury notes in rapid fashion.
I remember the hawks saying the war in Iraq will "pay for its self" when we get our hands on that oil. Well it better. With a 500 billion $ hand out (not a loan) given to the Iraqi gov., expanded medicare (health care cost never go down), Homeland Security, TSA and other programs that translate to bigger govenment,..things may get worse before they get better.
What happened to the GOP of yesterday that called for smaller government and less spending?
Synthetic oil, nuclear power, electric cars, fuel cells, solar energy, hydro-electric power plants, windmills.WMUSIGPI said:Unless we manage a "Star Trek" leap in energy technology soon we may soon find ourselves living in a pre-industrial revolution world with about 10 times as many people to support.....It won't be pretty folks.
lowecur said:The greed of the oil speculators, unbridled growth in China/India, huge trade deficit, little control by the Houses' of Congress on the discretionary portion of the Budget, and the War in Iraq has fueled some analcysts to believe recession is right around the corner. This from a poster on another board:
lowecur said:China/India will have the last laugh on the US. The US is the economic engine that churns the world, but by the end of the decade China/India will surplant the US as the straw that stirs the drink. If either one ever develops a currency with the trust of the dollar, the plug will be pulled on the US economic engine without ever firing a shot.