Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Seeker of Truth who wrote (56222)	11/21/2004 10:46:08 AM
From: Condor	Read Replies (4) \| Respond to of 74559

Thank you. I'm amazed at how close you and Kyros saw the situation. FWIW, it amazes me that we could pull it off and maintain the universal health care program (despite its shortcomings). Fantasizing, I wonder what would become of our economy and attractiveness for foreign investment etc. if we continued to reduce deficit at the current pace? That makes me wonder what that pace of reduction actually is. We have arrived at 30-40 % of GNP from what previous level over how much time? In other words would the present debt reduction pace mean we break even in 20 years or 75 all factors (inflation and growth etc)remaining the same? Thanks to you both. C