Mike Rapoport wrote:

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.

But those coffers were swelled. That some were carrying losses is a separate
issue. Unless you think it was up to the government to make those losses go
away.


--
Frank....H