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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (25890)	2/8/2008 5:37:51 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 71588

The question was: #1) How is "federal debt held by the PUBLIC" reckoned? (Quoted from your first chart's label....) Does that exclude* sovereign (foreign) ownership in it's definition of 'the public'?* (So, no... it certainly does not 'answer the question' to come back saying that it 'excludes the US Government's holdings'... since the US government is not "foreign". :-) Re: " It seems quite obvious to me that they are." It may "seem" one way or another to you... but no evidence has been presented to establish that contention. Re: "Are you asserting they are not?" Yes, that's exactly what I contend. (It does not "seem" that way to me.... :-) Re: [It still REMAINS a fact that ALL THREE ECONOMIC TEAMS came to exactly this conclusion] "They have little basis to come to such a conclusion...." If you want to argue with the detailed economic projections (analyzing the expected effects of the then-proposed Bush team's changes) that were run and published by the Office of Management and Budget, the Congressional Budget Office, and (hired by the WH specifically to run the most 'friendly' analysis possible) Trend Macrolytics... then have at it. Personally, I believe that history has well established that they were DEAD-ON.