To: libertarianPA
Get used to it. As the economy grows and the dollar continues to lose worth due to inflation, an increase in the debt ceiling is an annual event.
The only measure that matters in a real sense is the debt to GDP ratio, not the dollar amount.
To: Admin Moderator
Can you say, "Weimar Republic?"
The Federal government can.
To: Admin Moderator
Debt (trillion) GDP (trillion) Ratio
2000 5.67 9.82 0.58
2001 5.81 10.13 0.57
2002 6.23 10.47 0.60
2003 6.78 10.97 0.62
2004 7.38 11.73 0.63
2005 7.93 12.44? 0.64
Nothing encouraging here.
18 posted on
12/29/2005 9:37:26 PM PST by
CGTRWK
To: Admin Moderator
The only measure that matters in a real sense is the debt to GDP ratio, not the dollar amount.Amazing point of view.
21 posted on
12/29/2005 9:41:30 PM PST by
Glenn
(What I've dared, I've willed; and what I've willed, I'll do!)
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