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Politics : The Castle

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To: The Philosopher who wrote (416)	11/13/2002 2:28:28 PM
From: Neocon	Read Replies (1) of 7936

All that is necessary is to adopt a rule governing the percentage of the budget going to debt service under defined conditions, or tying the average growth of debt to average GDP growth, with minor exceptions, or perhaps some other formula for reasonable borrowing. If balanced budget rules can work, there is no reason that reasonable borrowing rules cannot......

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