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To: Berney who wrote (8879)	1/22/2001 5:34:02 AM
From: smolejv@gmx.net	Respond to of 11051

>>While I applaud the decline in the rate of growth of the public debt, it is growing. << Oops, Berney, same problem as with GNP growth: look at the numbers in relative sense, ie how much of GNP is needed to serve the debt. In percentage this should be going down. >>significant off-book liabilities (i.e. social security)<< which is a case of a state-wide "Moral hazard" [but again, this is US...]: "I'll pay up for it, as long as you dont tell anybody". With GeeWhiz Kid and his christian liberation movement, things probably will not improve - otherwise he'll go and let TX secede -. dj