Impeach George W. Bush Message Board

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Politics : Impeach George W. Bush

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To: MSI who wrote (17084)	11/22/2002 1:02:18 PM
From: Thomas M.	Read Replies (1) of 93284

Regardless where the ficticious accounting assigns funds (to T-Bills rather than stocks/bonds), it makes no difference on the input side - those funds are still a demand on the treasury Which reminds me of the bigger picture situation in the 1990s. We essentially had a large transfer of debt from the government to the private sector. Since private sector debt is rarely mentioned (let alone analyzed) this created the illusion that America was getting healthier fiscally, when in fact America was getting unhealthier. Okay, I'm getting way off topic, since this ain't the CFZ. -g- Tom

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