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To: Deuce
No, it would depend on the government's capacity to borrow which you (incorrectly) implicitly assume is based on the size of the economy (which you incorrectly assume will grow) REGARDLESS of whether the government gets to tax that economy.

If the ability to borrow is not based on the size of the economy, what's it based on?

Isn't 10% of 10 trillion the same dollar amount as 5% of 20 trillion? Wouldn't the latter be preferred?

119 posted on 09/04/2002 9:33:49 AM PDT by Toddsterpatriot
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To: Toddsterpatriot
If the ability to borrow is not based on the size of the economy, what's it based on?

The ability to borrow is based upon the ability to repay. Period. On what basis do you disagree with this?

121 posted on 09/04/2002 11:42:25 AM PDT by Deuce
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