Lifestyle > Train of Thought

US government debt isn't all that bad.

(1/4) > >>

Ant:
http://gregmankiw.blogspot.com/2006/09/how-indebted-is-us-government.html



As a percentage of GDP.  US debt isn't that far off its historical average. 

Don Rizzle:
weren't u ranting about how bush was ruining the economy with all this debt not so long ago?

Ant:
Yeah... but this was an intereting slide.  Altho, there are two sides to the story...

NOT SUCH A PRETTY PICTURE
by Jason Furman

My friend Greg Mankiw says we shouldn't be worried about the current fiscal situation, just the looming fiscal challenge. I'm not quite sure what to make of the statement, back in the Clinton administration our argument for running large surpluses and reducing the debt was precisely to prepare for the looming fiscal challenges.

http://maxspeak.org/mt/archives/002567.html

I have to say... on second thought, this analysis seems more reasonable to me. 

virtuoso:

There is so much bullshit, spin and disinfo, that is why it is best if the source is non partisan, clearly those who are pro democratic or repub;ocan are likely to put an improved glossed over slant on things if they are defending that party and vice versa when the other party is called into question.

Real American:
I like the new, more conservative Ant of late.

Navigation

[0] Message Index

[#] Next page