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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (17875)11/30/2003 3:50:48 AM
From: Dayuhan  Read Replies (1) | Respond to of 793677
 

My attitude on the deficit is if we can keep our National Debt, long term, rising at no more than the same percentage of rising National income, we are safe. BWTFDIK

Demographics may hurt us on that. The peak of the baby boom bell curve will pass age 46 – the peak of the individual spending bell curve – in 2005. The 90s boom was largely propelled by the arrival of that generation at the peak years of earning, productivity, and investment. As they pass that peak, the economic landscape is going to change.