To: Stew Padasso
"The spending is out of control and somebodys going to have to pay for it, and its my children. And I dont think thats right The Federal Debt was on the way to being paid off until the Fed and OBL screwed things up. But it's improving and will be on the way to being paid off once more. Probably there will be a hint of black in a couple years. Next time there won't be an OBL and the Fed is out of ammo, so it looks pretty good in the crystal ball.
32 posted on
12/10/2003 12:07:10 PM PST by
RightWhale
(Close your tag lines)
To: RightWhale
The fed has plenty of ammo, they're just done with the short term rates. Just wait until they start buying long term treasuries.
33 posted on
12/10/2003 12:09:32 PM PST by
Orangedog
(difference between a hamster & a gerbil?..there's more dark-meat on a hamster!)
To: RightWhale
The Federal Debt was on the way to being paid off until the Fed and OBL screwed things up. But it's improving and will be on the way to being paid off once more. Can I borrow your rose-colored glasses?
You've been reading - and believing - that DNC crap again.
Show me just one year in the last 20 (or more) when the Federal Debt was not larger than the previous year. Just one. Show me.
71 posted on
12/10/2003 2:15:04 PM PST by
jackbill
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