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To: AAABEST
Deficits don't matter sunshine as long as the incentives for growth are sound.People like me make up for US domestic savings shortfalls that otherwise would require real rates to rise to over 12%, just like they did in 1981.So, be thankful there are fereners who will do that because they like to invest in the US as it has the best prospects for stability and high after tax ROR's.Those quarter trillion a year interest payments also go into US domestic savings pools...the place where mutual fund companies have the savings of millions of Americans.Americans want bonds and paper to invest in, and well, Uncle Sam provides it.

Duh.

If you are that young,you're gonna be one sorry crank as you age.You need an attitude adjustment.Plus a brain transplant.Oh, and bone up on your understanding of economics, Jethro....think counter-intuitively if you wish to come out ahead.
289 posted on 08/02/2003 9:09:52 AM PDT by habs4ever
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To: habs4ever
There you go again, for all your supposed knowledge you can't seem to figure out how wasting $275,000,000,000 paying interest (on borrowed money that's been pissed away on socialism) while adding another half trillion a year to the principal is detrimental.

No wonder they don't want you guys owning anything up there, you're too stupid to be trusted with anything of value. Thank you for saving our economy though.

People like me....


293 posted on 08/02/2003 9:35:57 AM PDT by AAABEST
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