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

To: i-node who wrote (495990)7/17/2009 2:02:29 PM
From: Alighieri2 Recommendations  Read Replies (1) | Respond to of 1577026
 
So, something we can agree on is that the deficit in the first six months of Obama's term is out of control.

more than 2/3 of which he inherited from bush along with an avalanche of financial catastrophes...ps: you must have hated reagan and the two bushes on this debt topic about which you seem so passionate now...

Al



To: i-node who wrote (495990)7/17/2009 3:46:48 PM
From: tejek  Respond to of 1577026
 
As a bean counter you should understand this...loan me $1M today...i will pay it back to you 8 years from now...deal?

Depending on your collateral and if the interest rate were sufficiently high, of course.

I get your point, but it simply isn't how we measure debt. Debt is always paid back in current dollars regardless of when it was lent.

You keep ignoring the bigger picture. Under Dems, the fiscal condition of the nation improved. Under Rs, it deteriorated.


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