oh yeah, there is one more thing... responsibility as a Citizen.
i agree with Chairman Greenspan that the thing to do with the 'surplus' is
to reduce the national debt.
i can imagine the folks who voted for the tax cut looking at the national
debt and thinking, "applying the 'surplus' to the national debt won't amount
to much of a reduction in the national debt."
see, in that, a tangible 'measuring rod' that discloses what a huge problem
the national debt is.
the 'tax cut' is an irresponsible proposal because the U. S. A. is =still=
in it's own transition out of the 'run-around-in-circles-and-get-nowhere"
Cold War mentality... that means notions of there existing financial
'stability' are illusory.
the thing to do is to 'strike while the iron is hot' with sound fiscal
policy... you know... a solid act of 'conservatism', taken because it's
recognized that the conditions for such are conducive to success.
if greed doesn't run rampant, perhaps, as Mr. Greenspan suggested, this
action will show up in reduced interest rates, and that will mean that those
with less can establish credit, and start building their dreams...
participate in the economy, in a real way, at last. this'll allow some to
establish life-long trends in which they'll be able to transition to
more-'normal' roles within Society.
the 'tax cut' would not do any of this, and would benefit mostly folks who
already run financially roughshod over the 'poor'
i encourage the President vetos the pandering-to-voters, buying-votes, 'tax
cut'.
K. P. Collins
