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Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (2053)9/29/2006 5:26:28 PM
From: Hagar  Read Replies (2) | Respond to of 10087
 
I'm no economist but I am a little bothered by considering debt solely as a percentage of GDP. Its an abstraction that while certainly yields information it also obfuscates the issue.

When I got a mortgage the lenders didn't care about the size of the mortgage compared with the value of my contribution to the company I worked for but my actual income.