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DSK
 
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Default BUSH Debt



Schoonertrash wrote:

So what? Does it matter? Of course not. It hasn't mattered for well over
sixty years. Didn't matter under Clinton, Bush Sr. Reagain, Carter, Ford,
Johnson, Nixon (did I leave out anyone?), Eisenhower . . . correction . ..
Nixon did something to correct it partially and Kennedy tried to do so.


You should try some facts. Carter almost balanced the budget, and so did
Clinton. The main fiscal skulduggery used each time was to project foreign
balance of payments and use the Social Security surplus to reduce the size of
the liability balance.




Measured against GNP as a percentage it's nothing. That's the arguement
Doug used on me last time.


No, Doug most definitely did not say anything of the kind. Doug said something
more along the lines that national debt should be measured against GNP (or it's
counterpart GDP) to be meaningful, and for the US it's still quite small.


Once you invoke that you are home free.


Hardly.

What you seem to be saying is "Republican national debt is fine & wonderful, but
those Democrats just screw everything up and then lie about it."


....The
rest is just silliness like worrying about five or ten nukes in N. Korea.
Hell . . .I'm used to worrying about ten thousand plus of the things pointed
at me.


Ten nukes is definitely an improvement over ten thousand, but that hardly means
that we should relax and stop trying to do anything about those ten nukes. Ten
nukes is BIG problem amigo.


Neither do I worry about the National Debt or the annual budger
imbalances . .. .


You won't be happy when it erases your pension.

DSK

 
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