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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (131561)2/5/2001 1:12:36 PM
From: TimF  Read Replies (2) of 1570499
 
We need a $250 billion annual surplus to pay back the money already owed. The economy is booming, and we are just barely clinging to a small surplus.

Scumbria, $250bil a year is not a small surplus. I believe the surplus will not continue to be that big. Either there will be tax cuts or if there are no tax cuts more of it will be spent. Also what do you do when the debt is paid back? Do you all of the sudden add $250bil of government programs or put in place a new $250bil tax cut in one year or does the government start buying stocks and bonds or what?

Am I correct in understanding that your problem is not just with the large level of federal debt but the fact that there is any debt at all?

Tim
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