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Politics : American Presidential Politics and foreign affairs

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To: DuckTapeSunroof who wrote (45904)	9/14/2010 3:13:31 PM
From: TimF	1 Recommendation Read Replies (1) of 71588

In reality. The impact of the tax cuts on the fiscal balance is uncertain with widely varying estimates, but the largest of these estimates for the last decade, is smaller than the amount spending has increased per year. Double entry booking really has nothing to do with this. Double entry booking balances the sum of credits with the sum of debits. It doesn't determine the relative size of specific debits and credits. It doesn't imply that all things that negatively effect the balance sheet must be equal. Its irrelevant to the point being raised.

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