81. Deficits are bad if individuals are consuming the proceeds of the asset sales when they ought to be worrying about how they will get by when they retire. 82. Deficits are not inherently bad, but in this case it would mean Japan was no longer able to generate enough trade earnings to finance its growth. 83. Deficits are a reversal for Ireland, which had years of budget surpluses thanks to double-digit economic growth. 84. Deficits are a remote abstraction when the public has other things to think about, however. 85. Deficits are not new. 86. Despite public claims that the budget deficit has been reduced, no real figures have been released. 87. Dole was largely supported by older and wealthier voters, who said the federal budget deficit was their top concern. 88. Domestic news reports had said the deficit would be larger than the estimate. 89. Do you think the trade deficit is, per se, worrisome? 90. Dole, through his long career as Senate Finance Chairman and Majority Leader, has always warned against cutting taxes until the deficit is fully under control. |