05-07-2003, 03:29 PM
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#5
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Quote:
Originally posted by Timber Loftis:
Upwards of 5 trillion *is* out of control - and that's the President's proposed debt at the end of his 10 year projection. Even at a 1% loan, that's $50 billion per year in interest alone. $50 billion: that's the cost to run a four week war in Iraq, btw.
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Yer starting to foam at the mouth guy [img]smile.gif[/img] Slow down...take deep breaths. Accounting is a highly manipulable study and the numbers like statistics can say whatever the person doing the study wants them to..... We arent in danger of going aground. Most of the "professional" money types are saying a tax cut would be a good thing and a period of deficits won't kill us.....at least that is what I hear. I have also noted that other than NOT giving tax cuts....the other party doesnt have a plan for doing anything for the economy....except spend more and run up deficits [img]smile.gif[/img] (Can you say free prescription medicine for everyone?)
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