U.S. Deficit in perspective ...



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Topic: Science > Prophecies-Of-Nostradamus
User: "Ex"
Date: 06 May 2004 08:37:43 PM
Object: U.S. Deficit in perspective ...
Check out the chart here
http://www.globalpolicy.org/socecon/crisis/2003/deftab.htm
It's an eye-popper. Makes you quickly realize that Bush is just as capable
of bankrupting the world's last superpower as he was an oil company in
Texas.
-ex
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User: "R. Foreman"

Title: Re: U.S. Deficit in perspective ... 09 May 2004 07:19:57 AM
"Ex" <ex@ex.com> Spat the Words

Check out the chart here
http://www.globalpolicy.org/socecon/crisis/2003/deftab.htm

It's an eye-popper. Makes you quickly realize that Bush is just as
capable of bankrupting the world's last superpower as he was an oil
company in Texas.

True, but still have some faith in our Congress, and they take
their budgeting duties very seriously. We have a large debt,
but we also have a very large economy, something around 10
trillion per year of gdp. If we were taxed at 60% and spent
money on nothing else, we would pay off our debt in one year.


-ex


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