To be fair, the only reason that there was a surplus is because the country
got caught up in a technology stock mania. The market was generating
trillions of short term gains and taxes on those gains is what swelled
federal and state coffers. Bush entered the white house with millions of
taxpayers carrying forward losses.

Mike
MU-2

"Cecil Chapman" wrote in message
m...
P.S. You're right, we should all thank Mr. Bush for turning a hard-earned
surplus budget (earned under Clinton's rule) into a 4.3 trillion dollar
DEFICIT.

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Good Flights!

Cecil
PP-ASEL-IA
Student - CP-ASEL

Check out my personal flying adventures from my first flight to the
checkride AND the continuing adventures beyond!
Complete with pictures and text at: www.bayareapilot.com

"I fly because it releases my mind from the tyranny of petty things."
- Antoine de Saint-Exupery -

"We who fly, do so for the love of flying. We are alive in the air with
this miracle that lies in our hands and beneath our feet"
- Cecil Day Lewis -