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


To: Maurice Winn who wrote (56486)11/26/2004 12:36:41 AM
From: S. maltophilia  Read Replies (1) | Respond to of 74559
 
<<debt today is less than half of what it was in 1950 >>
In 1950 a great part of the debt was in the form of War Bonds, domestically owned.
<<Donald Trump probably has a bigger debt than I do — and less reason to worry about it. Debt means nothing unless you compare it to your income or wealth.>>
It's also not worth worrying about if you plan to stiff your creditors.



To: Maurice Winn who wrote (56486)11/26/2004 2:51:35 AM
From: Elroy Jetson  Read Replies (1) | Respond to of 74559
 
You posted a poorly disguised lie as if it were somehow true.

The U.S. Federal Debt has increased in size every single year since Bush has been President. It is now increasing at a rate without any precedent.

The debt is now slightly smaller than when Clinton first became President, because Clinton reduced the debt during his tenure.

So yes, Bush has nearly undone eight years of progress, over four years, but not quite.

In spite of the current explosion of debt, he would like to fund some expensive new programs with additional debt, such as the debt funded private social security scheme.

More debt is simply more debt. Hiding the increase in debt with a tissue paper lie just won't do.

.



To: Maurice Winn who wrote (56486)11/26/2004 5:28:17 PM
From: smolejv@gmx.net  Respond to of 74559
 
>>NOW HEAR THIS!!!!.... How does our national debt today compare to our national income? <<

A polyphonic (or is it multitimbral?) whistling in the woods if I ever heard one, Mq. How do you do it?!

dj

btw, you're talking Israel, aren't you;\