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To: sourcery
They'll need this computer to keep track of the national debt in a few years. If the Republicans keep it up, they'll need it next year.
29 posted on 10/30/2003 11:19:06 PM PST by Hank Rearden (Dick Gephardt. Before he dicks you.)
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To: Hank Rearden
They'll need this computer to keep track of the national debt in a few years. If the Republicans keep it up, they'll need it next year.

My back-of-the-envolope scratches say that if the economy grows anything like the 7.25% it did the last quarter (let's be the conservatives we are and say 5%), then that will bring the deficit down from the current 500 bills or so to about 375 next year.

(A 5% gdp growth of our current 10 trillion economy means an extra 500 billions, the government gets roughly a quarter of that.)

All this assumes no new spending programs - a pipe dream in an election year.

35 posted on 10/30/2003 11:46:30 PM PST by aquila48
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