🚀 go-pugleaf

 Yabba Dabba Dude <fredw@mcdata.com> wrote:
> ray@netcom.com (Ray Fischer) writes:
>> Yabba Dabba Dude <fredw@mcdata.com> wrote:

>>>Reagan has the best record of economic indicators for ALL 
>>>post-war Presidents.  Boy, I see your point, this is irrational!
>>
>>BFD.  Making the economy _look_ good by borrowing $3,000,000,000,000
>>and distributing it among the already wealthy is no great trick.  You
>>can do the same.  Just run up your credit cards.  Of course, the bill
>>will come due eventually.  In the case of the national debt, it's
>>now about $20,000 per person.  This year about $1000 of your tax
>>dollars will do nothing but pay interest on that debt.
>
>Hello.. RAY.. anyone home ?  If I run up my credit card, how much I'm in debt
>depends on my assets.  If I run up $10,000, but I have real estate worth 1 mil, 
>big deal.  The GDP is a resonable indication of assets, and the deficit as a 
>percent of GDP dropped during the 7 fat years from '83 to '89.

I don't know about you, but the prospect of $1000 of my tax dollars
doing _nothing_ but paying interest thrills me not at all.  I can
think of other things to do with $1000.  And the debt is still $20,000
for each man, woman, and child in the country.  How well could _your_
family afford that kind of debt?

I should also like to point out that the current national debt is
about 4 times the annual income of the federal government.

>>And we can still see how confident people are in the nation's economy.
>>As I said before, you can make people feel good by just borrowing lots
>>of money and giving it to them.
>
>You cliched liberals are so entertaining!!

Typical of right-wing bigots to use "liberal" as an epithet.

> Yea, we borrowed all that money
>and just spread it around, and it caused great expansion.  Yea, thats it.

Clever rebuttal.  Best you could come up with?

How much better could you live with an extra $1500 a year?

-- 
Ray Fischer      "People demand freedom of speech to make up for the freedom
ray@netcom.com    of thought which they avoid."  -- Kierkegaard