This has long been my argument about GWB. He starts a war and lowers taxes. You cannot fight a war with LESS money.
So, he borrows the money to pay for it from the Chinese.
Soon the Chinese will own the U.S.
Solid Econ 101 as he likes to say.
p.s. Many of the expenses for his war are not included in the budget deficit. It would be even LARGER if all the expenses were included.







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