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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?


To: Alexander who wrote (73983)2/3/2000 5:34:00 PM
From: Neocon  Read Replies (1) | Respond to of 108807
 
There is a very large debate among economists about how important deficits are.....Since I do not have the technical expertise to advance the responsibility argument, I can only say that none of the dire effects of raising the deficits has come to pass thus far, apparently because the rate of increase and percentage of GDP matters more than whether or not we have them.....



To: Alexander who wrote (73983)2/3/2000 6:23:00 PM
From: Zoltan!  Read Replies (2) | Respond to of 108807
 
And you forgot to mention that despite 50 years of the Cold War, in real terms national debt was left much lower than after WWII.;-(