I see the theory that you are using, its a republican theory of the followers of Reagan, that he over spent the Soviets into the ground (which I think is complete and utter horsesh*t to be honest).
I don't know if it would be possible for any president to spend the economy into ruin, as I see it there are too many checks and balances... no matter how stupid the man is running the country.
As there are free votes in the house of reps/senate, there would be moderate republicans rejecting certain budgets and spending plans outright and siding with the democrats - I just don't think that the president could manage to pull the wool over the eyes and completely spend the economy into ruin.
Thats not to say they could burn America's war chest, but the real question is, how much does America have that they could donate to the war? I think they have more money than Al Queda could ever dream of hoping them to burn.
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