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To: GST who wrote (159748)1/5/2004 12:33:49 PM
From: Oeconomicus  Read Replies (1) | Respond to of 164684
 
Same ol' song, sung out of tune.

and every year those interest payments rise

Not necessarily, according to the data.

and there is the rub, because Americans don't save enough to fill the huge hole in the bank account of your uncle Bush.

Oh? Got any data to back that up or is this another of your "everyone knows" arguments?

the current account deficit does not "finance itself"

Then why can't you explain how a current accounts imbalance necessitates financing?

old uncle George Bush
wild adventures in Iraq
cap in hand
hoping they will bail him out


Sound bites in place of factual argument again, GST? What a hoot!

PS: You're becoming a bore. Either make a decent, fact-based argument or go back and hang out with Ray Duray and your other lunatic left buddies.