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Politics : PRESIDENT GEORGE W. BUSH
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To: Kevin Rose who wrote (421559)7/1/2003 8:55:23 PM
From: Peter O'Brien  Read Replies (2) of 769670
 
You are comparing THIS YEAR'S projected $400B
deficit to the "total spent by the US during WW2"???
(i.e. 60 years ago!)

I'm sorry, but this is truly laughable.

Since Silicon Investor is also an investment site,
do you have any clue about the concept of a
"present value" calculation?

This year's deficit will be about 4% of GDP.
FDR's annual deficits during WW2 were about 25% of GDP.
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