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To: GST who wrote (159797)1/9/2004 1:37:33 PM
From: Oeconomicus  Respond to of 164684
 
If you do not understand that we do not save enough to finance our budget deficit ...

Do you really not understand that "personal savings" is only a small part of total domestic savings available to fund the deficit? Do you really not understand that this total savings is much more than enough to fund the current and projected federal deficits?

Would it be better if that demand for capital was smaller? Sure. Is it bigger than the domestically generated supply of capital? Not even close. And if you took off your blinders and looked at the facts all around you, you'd see that.

Now, once again, tell me how I incur a debt by giving Canon a thousand bucks for a new camera.