It's no surprise our budget deficit soared again. Bush has pushed tax rebates and lower taxes overall, which is great. But when you couple it with increased spending, it spells disaster. Republicans will be quick to point out Democrats want to increase government spending and taxes, but the results show Republicans are just as good at spending money, if not better. The difference is they won't take responsibility for it and instead will leave us in a deficit for the next regime to handle. I have been doing this for a long time. No credit cards or loans. Problem is, it takes more than I have to pay for basic living. I think this is common among most of us but the credit cards hide this fact from many. Credit cards companies know this and count on it. |
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