[Norman Bates]

I'm sorry but apparently we are just not on the same page. You do know that you can give the surplus back to the taxpayers? Is that so bad? It can be used as a downpayment against the national debt, too. All this time what did you think I was talking about reducing the national debt with??

Surely a fiscal conservative would agree that lowering the debt even some would help boost economic confidence and that way we would reap GDP benefits like we would never realize under a system always in the red. Deep down I suspect that red creates and underlayer of semi-nervousness from the floor of the stock market to the office of a small business. It's my theory.

[fooman]

You are being too rational. I am for giving back the surplus to the taxpayers, but if you want to do so YOU MUST STAY ONE STEP AHEAD of the 'spenders'.

And to do that you must stay 'poor'.

Econ growth with erode your debt % away. Remember:

growth = new wealth = new buyer of treasuries = lower debt rates



If congress were to ever report a 'surplus' it would straight to amtrack or dingleberry research of the muskratt.

[fooman]

'Deep down I suspect that red creates and underlayer of semi-nervousness from the floor of the stock market to the office of a small business. It's my theory..'


Nah not at all. I know emerging markets bond salespeople. The world econ is going so well right now they are amazed that the spreads of say Argentina debt is so low.

Now if the confidence of our debt is low, I guarantee that you hear endless stories about high treasury int rates.