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1. The word deficit is really a term that people may think is negative but isn't.
2. Republicans and Bush understand that spending has increased but will be moving to decrease that spending in the coming years as well to avoid any unintended consequences.
3. Several taxes were eliminated that were unnecessary. This is the reason why the markets are swaying with the possibility of Kerry being elected since those taxes affect equities. It's not just about spending but collecting unnecessary money from tax payers for that spending.
4. Look at the alternative.
5. This goes back to point 2 and hits point 4. Really many of us are not happy with spending too much. We are OK with deficits but not if it gets alarmingly large. We are trying to influence President Bush from within the party just as many others lobby to do.
6. The US economy is tied to the world economy. Right now there are 2 factors driving the global and US economy - the US deficit and Chinese spending, Russia a bit but not as much. You can't just one day say hey no deficit. It's not that easy.
-Rudey
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