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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (113509)3/30/2008 12:41:15 PM
From: HawkmoonRead Replies (2) | Respond to of 306849
 
Right now the biggest deficit seems to be in Medicare followed closely by civil service retirements (table 1):

cbo.gov

Btw, in what manner do you think the very low interest payments that the Treasury seems to now be able to borrow at will impact those interest payments?

I certainly have no desire to see the government extend it's deficit spending, but there seems to be tremendous demand for treasuries over private market bonds.

And if deficit spending is required to ramp up in order to provide the supply to meet this demand (as well as maintain employment levels), I hope the majority of it is "invested" in areas that will eventually create economic benefits.

Hawk



To: Les H who wrote (113509)3/30/2008 12:57:59 PM
From: Les HRead Replies (1) | Respond to of 306849
 
Ben's Depression

eurointelligence.com