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

To: DavesM who wrote (570527)4/30/2004 2:28:40 PM
From: sea_biscuit  Read Replies (2) | Respond to of 769670
 
Aha! The national debt isn't all there is. How about consumer debt? Mortgage debt? Corporate debt? The figures I have show GDP increase of $1238 billion (pretty close to your figures) whereas the TOTAL debt has increased by $6500 billion.

You are using accounting tricks. And you do know that very well, don't you?



To: DavesM who wrote (570527)5/1/2004 9:03:48 AM
From: Kenneth E. Phillipps  Read Replies (3) | Respond to of 769670
 
Of course, the RATE of increase for the national debt was much higher than the RATE of increase for GDP.


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