PRESIDENT GEORGE W. BUSH Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zoltan! who wrote (133901)	3/28/2001 5:17:00 PM
From: Kevin Rose	Read Replies (1) of 769667

No relationship between the National Debt and interest rates? I'm not sure many economists would agree with that. No reason to pay down the debt? How about 362 billion of them? That was the interest paid on the debt in the year 2000 - 20% of the total budget. If there really is no connection between interest rates and debt, we could pay off the debt and reduce this huge tax burden on ourselves and our kids. The article twists the truth in a number of ways. The biggest is assuming that Rubin meant 'fiscal discipline' means 'maintaining high taxes'. That is baloney; he was referring to discipline that resulted in the reduced deficit during the Clinton presidency.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next