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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (339575)1/7/2003 3:11:39 PM
From: JDN  Respond to of 769670
 
Dear Kenneth: Frankly, I dont know and it doesnt bother me so much. I would rather ask WHAT PROPORTION will the National Debt be compared to the GNP. Thats the figure that is more sensible. jdn



To: Kenneth E. Phillipps who wrote (339575)1/7/2003 3:11:43 PM
From: Baldur Fjvlnisson  Read Replies (1) | Respond to of 769670
 
It'll be $9-9.5 trillion by 2008.



To: Kenneth E. Phillipps who wrote (339575)1/7/2003 3:12:05 PM
From: JakeStraw  Respond to of 769670
 
Kenneth, It will probably equal the total amount of posts you make here on SI! LOL!!



To: Kenneth E. Phillipps who wrote (339575)1/7/2003 3:14:12 PM
From: Bill  Read Replies (1) | Respond to of 769670
 
Maybe Uncle Sam could hire you to file bankruptcy for them, and then start with a clean slate.



To: Kenneth E. Phillipps who wrote (339575)1/7/2003 3:31:00 PM
From: MSI  Respond to of 769670
 
$10 Trillion -- considering the necessity for $800b this year and next to offset the downward spiral of job-destruction, it will be impossible to avoid, even with uptick from unknown sources.

It's now $6.4 trillion, 2 years at $800b and (hopefully a decline) to $500b, $400b, $300b, $200b and $200b.

If the Democrats win in '04, then it's still $8 Trillion, but declining rapidly by '08 through '12.

The big question is -- what does this do to interest rates?


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