Yup. That's exactly why the American people have a standard of living maybe a 1000 times that what they had when TJ was pres. :)
1000 times... you mean DEBT, dont you? Debt is not wealth. Sorry, debt is delusion...
America will have 72TN dabt by 2008, govt liabilities included - scroll down. Banking interest are running wild, that is why the average savings rate is now ZERO...
let's be down to earth and prepare now for a consumer credit crunch and the 2ND great depression... 72TN debt MEANS THAT 1US$ TODAY IS 5 CENTS WORTH...
