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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: t4texas who wrote (72266)	9/28/2006 6:09:16 PM
From: LoneClone	Respond to of 206317

Hey Texas. Fortunately, now that our deficits are gone, the governments are almost all working hard to get down the debt to set us up for when things aren't are rosy. Originally the federal government debt, which at one point in the '90s had risen to 75+% of GDP, is now down to under 35% of GDP, and the government just announced that this year's entire surplus, which turned out to be much higher than expected, will be applied against the debt. It was supposed to be all repaid by 2013 but we are already years ahead of that schedule. LC