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To: remember; expat_panama
Hey remember, expat said :The debt burden has gone down over the past decade even though revenue dropped more than spending. The reason is that the economy grew so much.

As your table shows, the debt burden has dropped over the past decade, 1995-2005, from 67.2% of GDP to 65.7% of GDP. Revenue did drop more than spending. Revenue went from 18.5% to 16.8% (drop of 9.2%) of GDP, spending went from 20.7% to 20.3%(drop of 2%) of GDP.

So, what's your disagreement with expat_panama's statement again?

34 posted on 07/08/2005 10:42:37 AM PDT by Toddsterpatriot (If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
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To: Toddsterpatriot
So, what's your disagreement with expat_panama's statement again?

LOL

I love Friday afternoons.

35 posted on 07/08/2005 11:05:35 AM PDT by expat_panama
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To: Toddsterpatriot
So, what's your disagreement with expat_panama's statement again?

You can read it in the following post to expat_panama.

42 posted on 07/09/2005 2:24:31 AM PDT by remember
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