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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: tekgk who wrote (9215)11/5/1997 10:01:00 PM
From: bearshark  Read Replies (1) | Respond to of 94695
 
Tekgk: You are right. I went back and did some subtraction of the totals from the url that you provided. It looks like the debt grew by $188 billion not the $22 billion annual deficit amount that was claimed.



To: tekgk who wrote (9215)11/6/1997 12:28:00 AM
From: Stingray  Read Replies (1) | Respond to of 94695
 
Interesting numbers regarding the debt. Right now the Social Security trust fund is growing and when computing the defecit they conveniently count the Social Security surplus against the defecit. You can bet that in a few years when we start drawing down the trust fund it won't get added in any more.