Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: LandofLincoln
Not exactly the sort of thing that inspires kids.

"Mommy, when I grow up, I want to help pay down the national debt," just doesn't ring true with me.
Maybe if you want them to be accountants. Last time I checked though, accountants weren't helping pushing the technological envelope in to many areas in science.

Besides, I'm not all that concerned about the national debt. What realy matters is its size as a percentage of GDP. And in that light,we're no were near record levels.

96 posted on 12/04/2003 5:10:58 PM PST by Jotmo ("Voon", said the mattress.)
[ Post Reply | Private Reply | To 94 | View Replies ]


To: Jotmo
Not exactly the sort of thing that inspires kids.

So, I take it you are an astronaut!

"Mommy, when I grow up, I want to help pay down the national debt," just doesn't ring true with me.

How does this sound? Dad, if your generation did not piss away all that money, I wouldn't be in a 80% tax bracket.

Besides, I'm not all that concerned about the national debt. What realy matters is its size as a percentage of GDP. And in that light,we're no were near record levels.

This a great statement. What happens when GDP starts to grow at a slower rate than debt, or better yet GDP collapses. Your debt does not shrink as GDP shrinks.

You obviously are not an accountant either.

97 posted on 12/04/2003 5:32:43 PM PST by LandofLincoln
[ Post Reply | Private Reply | To 96 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson