"Gould 0738" wrote in message
...
You're right, it is all relative.
Relatively speaking our debt is lower now than it was throughout the
90's.

Relatively speaking?

Maybe if you're a relative of a right wing radio spin doctor.

Our current debt is about 1 1/2 times what it averaged in the 90's.

But our current debt as a percentage of GDP is almost exactly what it
averaged in Clinton's first term. With this shockingly high spike in GDP,
the ratio will drop sharply, too.


Is somebody
trying to state that the size of our (recessed) economy is more than 150%
of
what it was in the 90's and therefore the debt is
still in proportion? That's easy to say, but I think it would be
impossible to
come up with any evidence to support such a s-t-r-e-t-c-h of logic.

Look at the numbers Gould:
http://www.house.gov/budget/msrslide4bgt071703.pdf