Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (147917)	3/22/2011 10:57:01 PM
From: Archie Meeties	5 Recommendations Read Replies (3) \| Respond to of 206184

FYI, currently the growth of federal revenues is outpacing the growth of federal spending. The way out of debt is the usual way, through economic growth. Screwed? The bond market disagrees. But the idea that debt is crushing us is a popular notion. I'd look for good ways to short it, but mostly, the market is giving debt concerns a huge yawn. Long term, the serious concern is the expected growth in entitlements (aka health care expenditures). That is what must be addressed. Commodities represent some 5% of the average US households consumption, almost trivial. $4 gasoline or higher priced cotton or butter isn't going to derail the economy. Some sort of radical effort to curtail spending as the economy is growing again might do the trick. scottgrannis.blogspot.com