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

To: Kenneth E. Phillipps who wrote (522264)	1/10/2004 6:40:07 PM
From: Thomas A Watson	Respond to of 769669

kenny that seems like a completely stupid jackass set of connections to me. Please explain it.

To: Kenneth E. Phillipps who wrote (522264)	1/10/2004 7:11:38 PM
From: stockman_scott	Read Replies (2) \| Respond to of 769669

Fired Treasury secretary plans to lash out at Bush abqtrib.com

To: Kenneth E. Phillipps who wrote (522264)	1/10/2004 7:13:47 PM
From: tonto	Respond to of 769669

Kenneth, you have great writers...(s) Read closely what is written about the ratio during the 1990's... Actually: • Even after the increase, the debt limit will not be unusually high relative to GDP. The burden of the national debt is best measured by comparing the size of the debt to the size of the economy.1As shown in Figure 2, the current debt limit to GDP ratio is lower than it was during most of the 1990s. If Congress increases the limit by $984 billion, the debt limit will still represent less than 70 percent of GDP, below the peaks in the 1990s. If the economy grows as expected, this ratio will decline further in future years. • Total debt (publicly held plus inter-governmental) as a percentage of GDP is lower in the U.S. than many other industrialized nations. Figure 3 shows that the current 60 percent U.S. total debt to GDP ratio is not high in comparison to other industrial economies in Europe, and particularly Canada, Italy, and Japan which are near or above 100%. Debt to GDP is about 67%. Very high. Don't compare it to WW2 because, after WW2, we were not looking at a big boomer population about to retire. Now, we are.

To: Kenneth E. Phillipps who wrote (522264)	1/10/2004 7:27:36 PM
From: X Y Zebra	Read Replies (1) \| Respond to of 769669

Debt to GDP is about 67%. Very high. Don't compare it to WW2 because, after WW2, we were not looking at a big boomer population about to retire. Now, we are. So...? Today, the immigrant population (and its own internal growth), combined with the prospect of competing for $$$ of the South East Asian, and Latin American consumer markets could solve the problem you mention. (Provided of course, that no socialist ideology comes up with some "brilliant" tax the wealth/productivity, then idiotically hands out the proceeds to the dumb and dumber section of the population). Witness the residential real estate market... no, it is NOT a bubble, the demand is real, the homes people are buying are "lived in" not a mere speculation driven demand. Commercial real estate is strictly driven by capitalization rates and user demand, I am not aware of any market that is excessively building purely "on spec", indeed, industrial real estate in the Seattle area is quite soft due to Boeing relocating to Chicago after getting tired of being "milked" by the King County, and the city of Seattle bureaucracies... "Tax that you socialist pigs" -LOL ! When will socialists learn that excessive and unsound tax policies eventually drive away productive entities...? It is as blind as the religio-zealots that still believe in a mysterious "man in the sky" who is to blame for every deed/misdeed of us humans... In the process, allowing powerful "cone-heads" (aka "popes" -ggg) to dictate to entire continents family planning policies when his own lieutenants are not supposed to have sex with the opposite sex ! --How IDIOTIC-- ROFLOL !!! They would be better off reading "Sex for Idiots" by Dr Abstinence... -lololol But I digress... The Hispanic population is growing at a faster rate, like rabbits on Viagra, [ah yes, and thanks to the Vatican's policies of the time of La Conquista]. So... ¿Cómo está tu Español? Sprechts du Spanish? Could this have the same effect of a Baby-boomer generation ? possibly, I do not know, but I am not concern about lack of growth, unless unsound taxation kills it. The opportunity is there, it simply has to be allowed to develop. Take the socialists out of economic policies and the religio-zealots out of personal decisions... Oh rats, I must be dreaming....