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To: avacado

What you report on your budget is irrelevant to the financial FACTS. If I decide not to report my mortgage “on budget” and spend my money without taking that into consideration, I can run a “surplus” too. But if my “surplus” is less than the actual expense of my mortgage, I actually incur debt.

So, assuming no change in net assets (savings on hand) if you want to determine if the government is *really* operating at a surplus, watch the debt number.


19 posted on 01/09/2009 10:10:04 AM PST by bolobaby
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To: bolobaby
"What you report on your budget is irrelevant to the financial FACTS."

Dude, give it a frikin' rest already! I did an 'FYI' on the frikin' budget ONLY!!! Quit acting like a spastic!

21 posted on 01/09/2009 10:12:49 AM PST by avacado
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