To: Paul Ross
The answers are terrifying. One solution is... Even believing the bad numbers, a combination of solutions, including the one they didn't mention, economic growth, will get us out of this mess. Another possibility is producing cheap power from semconductors or nanotechnology (e.g. solar, depolymerization, etc)
5 posted on
07/10/2006 11:04:36 AM PDT by
palmer
(Money problems do not come from a lack of money, but from living an excessive, unrealistic lifestyle)
To: palmer
Even believing the bad numbers, a combination of solutions, including the one they didn't mention, economic growth, will get us out of this mess. Another possibility is producing cheap power from semconductors or nanotechnology (e.g. solar, depolymerization, etc) All those possibiliities are not ignored, and are indeed evaluated. Check into the guts of the paper, note the discussion pertaining to technology, productivity growth, and "capital deepening."
12 posted on
07/10/2006 11:08:37 AM PDT by
Paul Ross
(We cannot be for lawful ordinances and for an alien conspiracy at one and the same moment.-Cicero)
To: palmer
Cuts in Medicare, Medicaid and Social Security are inevitable, so the numbers mentioned will change. Still, the numbers on the deficit are hard to swallow. Paying back such a deficit will be difficult. Inflation is a disaster, but we seem to be satisfied with low level inflation of 1-4%. If inflation goes back to those stagflation days of Jimmy, holding gold and real estate will be good.
To: palmer
All my hope for the future is riding on Dingle-Norwood.
63 posted on
07/10/2006 12:42:33 PM PDT by
badgerlandjim
(Hillary Clinton is to politics as Helen Thomas is to beauty)
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