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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (225553)	3/21/2005 7:44:54 PM
From: TimF	Read Replies (1) \| Respond to of 1571935

re: A huge increase in spending. And decrease in revenue. No really, at least not to the extent that it has been an important factor. There has been a huge increase in spending, but there has been no huge decrease in revenue. Revenue in 2000 was $2.025 Trillion. Revenue in 2005 is $2.036 trillion, and in 2006 will be more than it was in 2005. Yes there was a dip in between but not nearly as big as the increase in spending. While revenue is about the same spending has gone up by over a half of a trillion dollars. If spending had staid flat in nominal we would not have a deficit at this point. If spending had remained flat in real terms the deficit would be comparatively small and easily managed. Tim