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


To: Taro who wrote (359338)11/19/2007 11:16:03 AM
From: bentway  Read Replies (1) | Respond to of 1577023
 
"...under the current Bush Administration. It is currently more than 65% of GDP"
( or 65 times larger than YOU thought it was! )
uspolitics.about.com


Got any more authoritative "facts" to pull out of your ass? That graph is why OPEC is debating when the dollar will collapse and what will trigger it, and it's your tax-cutting, free lunch (R) heros that have CAUSED the situtation. We'll need three Clinton-type fiscal admins. to reverse it.



To: Taro who wrote (359338)11/19/2007 2:57:02 PM
From: Alighieri  Read Replies (2) | Respond to of 1577023
 
With the deficit approaching zero, the rise in same debt would also head same way.
In spite of the Bush tax cuts that is.


Another misunderstanding. The deficit is aided by SS surpluses. If you remove those, the deficit is larger than the WH would tell you.

An interesting factoid for you, we pay more than $400B (yes that's billion) in interest on the current national debt. A lot of it leaves the country and goes to Asia. Imagine what we could do to SS, Medicare and other domestic programs with that money, plus the billions spent in Iraq?

Al