Wednesday, January 26, 2005

Hillary Clinton: Bush Lacks Economic Vision

At nearly the same time that the Bush administration announced that they need a staggering sum to "complete our mission" in Iraq, Hillary Clinton spoke about Bush's lack of economic vision. Speaking to a Florida audience on Monday, she pointed out that the US currently borrows $50 million each month from other countries. Read the article.

Hillary can speak from an insider's view of the White House during one of the most prosperous times in our nation's history. President Clinton spent his time in office working on a $500 billion deficit reduction. I think it's obvious that Bush's fiscal policies have been irresponsible by comparison.

Bush says he will seek 80 billion additional dollars for our ongoing wars, that it will cost approximately 1.8 trillion dollars to extend his tax-cut plan, and that we can expect a $368 billion deficit this year. For more information, check out this fascinating Newsday article. In total, we've spent over $300 billion on war expenses. Imagine what we could have done with that money: the schools we could have funded, the human services provided...Or the deficit we could have closed.

1 comment:

Anonymous said...

thought-provoking, mootable pv. just my thoughts, well anyways gl & be chipper is what i say