Quote:
Originally posted by kappaloo
Thanks for the info rudey and ktsnake.
I can't speak for the average American (duh) but I always thought deficit=bad. I think most Americans probably would agree with the statement "deficit=bad".
Now, I'm going to have to go and read more on this topic because obviously the news doesn't cover it well.
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What an awful myth. You hear the words debt, deficit, atomic, nuclear, etc. and you immediately think bad. Even the word sugar is considered bad because of previous associations with slavery.
The first use of mass debt to finance large scale projects was done with the railroads in America. That's a random factoid about how its debt that finances such large projects. The word however is associated with something negative.
Again, as for Bush's policy. He represents the American people. Whatever your party is you have power (I guess you're Canadian so you may not). We are able to influence our Senators, congressmen and our President. Some have louder voices than others, but you still have a voice.
-Rudey