Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (9959)	2/27/2001 5:24:42 PM
From: Dave	Read Replies (2) \| Respond to of 14638

So, one has to substantiate one's claim the the national debt is growing. While wasting time noodling around on the web, I found a site that you might be interested in. It's the US Department of the Treasury's projections for Gross Federal Debt from 1940 to 2005: treas.gov The thing to notice is that the last decrease in Federal Debt was in 1969. In 2000 there is a projected $80-billion increase. Over the next five years the government's projection is an increase in debt of $432 billion. I don't see the makings of a $1.6 trillion debt decrease in the next 10 years, unless it's going to magically appear after five years, at which point even the US Treasury gives up trying to guesstimate. The $1.6 trillion figure is a fabrication made up by Bush's puppetmasters so he can give them more money. Cheney alone will net at least $3 million over the next ten years in tax savings if Bush people get their tax cut. Dave