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To: sopwith
Leaving aside the fact that you posted an article from 3 months ago, he lies (well, maybe not lies but sure distorts the truth).

From the article:

From the OMB:

Look at the caption on the article's graphic (top). It says, "Total domestic — public and private — debt as a share of the economy has declined for 12 quarters in a row after surging over the previous decade. "

The only thing that explains matters is that private debt is shrinking rapidly.

54 posted on 09/30/2012 5:41:49 PM PDT by markomalley (Nothing emboldens the wicked so greatly as the lack of courage on the part of the good -- Leo XIII)
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To: markomalley

I know it was an old article. A friend of mine put it on FB.
My best reply was F R input.


59 posted on 10/01/2012 4:01:21 PM PDT by sopwith (don't tread on me)
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