Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (321489)	1/18/2007 12:02:23 PM
From: TimF	Read Replies (1) of 1577188

It is unsustainable if we keep adding to it faster than the growth in the economy. If you do that indefinitely yes, but the deficit as a percentage of GDP has been going down, and apparently its been going down even in nominal dollars. Message 23189670 optimist123.com optimist123.com An possible counterargument was that Bush's earlier deficits where so bad that an improvement on them still leaves us with a bad situation, or you could think that we are going to enter in to another recession and that the positive trends won't continue. But the first doesn't change the fact that the deficit is becoming easier to deal with at the moment, and the 2nd is speculation. BTW - None of the above means that I think the current deficit is a good thing, or that Bush's deficits have been "no problem". Just that I don't think we are in an unsustainable situation.

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