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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (116980)11/20/2008 4:27:30 PM
From: Sam  Read Replies (1) | Respond to of 132070
 
Debt as a % of GDP is not necessarily a key ingredient. It is what we are buying with that debt. If we are investing in our future, then the question is whether or not such investment works. The Bush debt is not being invested at all. It is being thrown down a hole

That is especially true if the denominator (GDP) is artificially inflated. This crash is Bush's final gift to the people that he said, when he ran for his first term, "he trusts."