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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (86567)	12/10/2000 5:28:03 PM
From: benwood	Read Replies (1) \| Respond to of 132070

skeets, good points about the opportunity lost. Also, the demand the government places on debt in the US raises interest rates for all of us, right? If that is accurate, then the wealthy get interest payments, and the poorer (w/mortgages and more consumer debt) pay more in interest. Hmmmm... I would like to see the debt gone, and if the best we can do during so-called great times is to pay off about 100 billion (this last fiscal year, the only one with an actual surplus), then even our current fiscal policy will leave us deep in the red come hard times, with our international credit already maxed out.