Re: [semi-OT, definitely TIC] US Collapse was: Fuel Cells was: Space Programs (warning future history comments may arise.... ;))
From: "Laserlight" <laserlight@q...>
Date: Tue, 4 Feb 2003 18:44:03 -0500
Subject: Re: [semi-OT, definitely TIC] US Collapse was: Fuel Cells was: Space Programs (warning future history comments may arise.... ;))
> I much prefer - US citizens rack up unprecedented credit card debt
to shore up falling economy,
> excessive government spending and decreased taxation leads to large
budget deficits.
mmm, IIRC decreased taxation led to larger government revenues?
Recent history is not my forte, but isn't this what Kennedy and Reagan
did?
I grant that "unprecedented credit card debt" and "increased
government spending" lead to problems.