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To: Oblivious who wrote (64774)10/23/2006 9:20:09 PM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
The point is that the debt is going up while the GDP is likely peaking and could easily decline. I was trying to be polite and not point out the foolhardiness of comparing debt to GDP as the economy is in the process of going into recession. Debt almost always goes up in a recession, and I don't see how GDP is going to keep going up while the economy is shrinking.

Paying for tax cuts by using debt was asinine.


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