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My comment was in response to the following in the orginal article: Other than listening to the demons wail about the deficit, what difference has it made in any of your lives? None. Interest rates have not gone up. To that I said "Eitehr one of two things. For years conservatives were wrong about deficits or the reply in post two is accurate.

You said: ROTFLOL! You people just don't quit with your disinformation do you ..??

But excuse me, during the late 70's and throughout the 80's and into the Bubba years, all we heard was government spending and deficits were the cause of the squeeze on the money supply that cause interest rates to go up. The orginal poster said rates had NOT gone up even as the government has spent $$ and has run a deficit. So why for those 20 years that I can remember was the conservative budget hawk cause that deficits cause interest rates to go up and monetary shortages? Clearly, they are not linked?

Or as the genetleman in post 2 to the original poster replied "As the man falling pst the tenth floor said, "So far, so good." "

So either the deficits and interest rates aren't linked, contrary to the fiscal hawks of the past two or three decades or we're just 10 floors away from a big splat.

Which is it?

Joe,I would answer you if I knew,but I believe its a matter of degrees.I really want to know if my beliefs were valid!

I still remember the Carter,early Reagan years interest rate,good for my savings account bad for my house mortgage I had acquired.

I have gone back to study the National debts.'46 was really bad v GDP and not sure what interest rates were,but I believe they were in the 4 or 5% range.

My first political book was The Conscience of a Conservative. I am not a purist,my way or the highway voter..I am very concerned for our nation if Kerry wins the Presidency.That is a fact.

The only time deficits and interest rates were a problem (that I know of), was when Bush I was President. The fed reserve continued to raise the rates, while the deficit was high. You will notice they have not done that this time.

Interest rates should only go up to stem inflation .. we don't have inflation. The only splat is going to be when the democrats falsehoods hit them in the face on election day.