To: bjc
Deficit for deficit we are better off. No, check your facts.
23 posted on
05/15/2005 5:56:13 AM PDT by
A. Pole
("Truth at first is ridiculed, then it is violently opposed and then it is accepted as self evident.")
To: A. Pole
You are correct in terms of current deficits. I meant to say that the US's total government debt as a % of GDP is significantly lower than that of France and Germany the largest of the Euro economies.
OECD data (
http://www.oecd.org/dataoecd/5/51/2483816.xls) indicates that for the Euro area, net Government Debt is 52.5% of GDP for 2003 compared to 42.8% of GDP for the US.
34 posted on
05/15/2005 6:42:03 AM PDT by
bjc
(Check the data!!)
To: A. Pole
Deficit for deficit we are better off.
No, check your facts.<<<
Hmmm...have to think that over..U talking "real money".or fiat currency?
36 posted on
05/15/2005 6:50:35 AM PDT by
M-cubed
((Tinfoil has many uses!...*G*))
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