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


To: TimF who wrote (28187)4/30/2008 2:44:56 AM
From: RMF  Read Replies (1) | Respond to of 71588
 
Tim...you just "cut n pasted" that from somebody else..lol

You DO understand that GDP is a "fluid" thing, right? The GDP in 1 year isn't really indicative of the GDP 10 years out if economic realities change radically, right?

Can you "cut n paste" those same numbers on GDP from 1928-1932 so we can see what they look like?

The thing IS...GDP is fluid, but DEBT is FIXED....

It's like the guy that's making $100k a year so he buys a BIG house with all the amenities and THEN he gets "laid off". If you think that's an unrealistic example you should check out the personal histories of a lot of mortgage brokers in California.