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<< Did 911 Affect NYC's Economy? | Main | UK Intelligence Says No Iraq-Al -Qaida Link >> February 09, 2003Using Deficits to Gut Health Care/Aid to PoorWell, it's nice to see it in black and white.: John F. Cogan, a Hoover fellow, was a top official in the Office of Management and Budget in the Reagan and first Bush administrations and probably could have been the current president's budget director if he had wanted the job. He put the case this way: "It is wrong to allow surpluses because these surpluses invariably lead to higher spending. Governments simply cannot hang onto money."Since Reagan, there's been good evidence that the reasons conservative governments can't balance the budget is a deliberate strategy. Tank the budget (and the economy if necessary) in order to undermine government spending. But the Bushies should stop trying to blame everyone else for the deficits that are a result of premeditated planning. Posted by Nathan at February 9, 2003 08:00 AM Related posts:
Trackback PingsTrackBack URL for this entry: Commentsbut nathan, they're not cutting "spending" in general, just on the programs that don't benefit their patrons. in general, they're increasing spending. damn. it's still an interesting strategic concept. and it makes as much sense as the rest of the neo-munkie agenda. keep on rocking nathan. Posted by: ice weasel at February 9, 2003 12:47 PM But then you have to ask why domestic spending went nowhere under Clinton.... Posted by: JW Mason at February 10, 2003 12:22 PM Post a comment
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