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To: expatpat

I notice you conveniently ignored the first part of my post, and thanks for calling me "dumb" even though I argued in a civil tone. The US is running a huge current debt. It's a fact.


23 posted on 05/22/2006 7:53:23 AM PDT by seppel
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To: seppel
I didn't disagree with the first part of your post.

I apologize for implying 'dumb' -- however, it's aggravating to hear such naive 'static' views of an economy continue to be parroted.

We have run a large deficit in the US, because of the major recession, which started in 2000 after the 90's bubble and was accentuated by the 9/11 blow and the need to spend money on a military response. However, you should note that, since the tax cuts, the deficit has been declining. QED.

29 posted on 05/22/2006 8:07:39 AM PDT by expatpat
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