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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.44-1.2%Nov 14 4:00 PM EST

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To: John Hunt who wrote (26477)1/19/1999 1:13:00 PM
From: Investor-ex!  Read Replies (2) of 116762
 
There is no surplus.

Already, we have ~$100 billion deficit for the first 3.5 months of the current fiscal year, which started last October. The budget deficit this year is accruing at approximately triple the rate of last year's total budget deficit.

There was no surplus last year and it sure looks like there won't be any surplus this year either.

What the heck are these people talking about? Do they actually believe we are this gullible?

$2.7 trillion over 15 years?, might as well make it $10 trillion over 25 while they're at it, that way we can fund social security by "investing" in the outrageously over-priced stock market and pay off the national debt at the same time! :o)
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