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Historical Document
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From The New York Times archives, David Frum writes on July 7, 1999 that the country needs to be more fiscally prudent:
Later, of course, Frum went on to work for the Bush administration where, in lieu of prudent plans, the decision was made to squander all the money in question on a set of giant tax cuts for rich people. Then to squander more money in a giant giveaway to drug and insurance companies. And to squander more money on a pointless and destructive war in Iraq. And more tax cuts! Always, always more tax cuts.
It's time to blow the froth off the latte and make some prudent plans. Otherwise, the Government is going to find itself three or four years from now in the same jam as its citizens: pacing fretfully at 2 o'clock in the morning through a $100,000 kitchen renovation, wondering how on earth it talked itself into the delusion that it was going to finance its obligations with a big, soggy mass of Surplus.com shares.
Later, of course, Frum went on to work for the Bush administration where, in lieu of prudent plans, the decision was made to squander all the money in question on a set of giant tax cuts for rich people. Then to squander more money in a giant giveaway to drug and insurance companies. And to squander more money on a pointless and destructive war in Iraq. And more tax cuts! Always, always more tax cuts.
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