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To: Dave who wrote (60438)7/25/2002 9:15:54 AM
From: RetiredNow  Read Replies (2) | Respond to of 77400
 
Good question. I'm not sure how they estimate that national debt ticker in NYC, but maybe they use an average growth rate to estimate the debt? If so, they that average is by definition a smoothing out of periods when the gov't buys back debt vs creates new debt.



To: Dave who wrote (60438)7/25/2002 9:30:02 AM
From: kvkkc1  Read Replies (1) | Respond to of 77400
 
Because Social Security and Medicare are in deep debt. The politicians lie through their teeth telling the ignorant populace there's a surplus, but surprise, it's a black hole getting spent on all the liberal entitlement programs dumbocrats dream up and enact. For all you liberals out there, how will you feel about buying Rush Limbaugh's drugs when he becomes 65?


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