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Politics : PRESIDENT GEORGE W. BUSH
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To: sea_biscuit who wrote (570521)4/30/2004 12:32:18 PM
From: DavesM  Read Replies (2) of 769670
 
Dipy,

One of us doesn't know what they're talking about. Let's see who:

USA GDP 2001: $10,100.8 B
USA GDP 2002: $10,480.8 B
USA GDP 2003: $10,987.9 B

seasonally adjusted
USA GDP Q1 2004: $11,447.8 B

increase in GDP 2001-2003 $887.1 B
increase in GDP 2001-q1 04 $1,362 B

bea.doc.gov

U.S. National Debt
Januray 22,2001: $5,728 B
March 30, 2004: $7,129 B

Increase in National Debt: $1,401 B

publicdebt.treas.gov

re:"Show me the actual figures. "Probably" won't cut it. You are so far off the mark that it is clear you don't know what you are talking about."

Recap:
You said: "What has happened in the last 3 years is that for every dollar increase in GDP, there has been a six-dollar increase in debt."
Message 20076600

I said: "As far as the National debt goes, its probably close to one to one."
Message 20077757
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