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Toogood Reports ^ | Wednesday, February 20, 2002 | W. James Antle III

Posted on 02/20/2002 4:44:51 AM PST by tberry

“Government spending and economic growth are actually the primary determinants of whether there will be a surplus or a deficit. If federal spending had risen no faster than the rate of inflation, there would have been surpluses in 28 of the 32 fiscal years since 1970.”

— W. James Antle III


TOPICS: Business/Economy; Editorial
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1 posted on 02/20/2002 4:44:51 AM PST by tberry
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