skate
06-30-2008, 01:50 PM
http://blogs.wsj.com/economics/2008/06/30/pimcos-gross-to-president-obama-double-the-budget-deficit/?mod=homeblogmod_realtimeeconomics
On why it makes good sense to spend.
Common sense is not to over spend, but spend (as in debt) is a must and we are not even close to overspending.
If we double are debt to $1Trillion, this would put the USA debt at about 6%.
The-skate says go for 7%.
On why it makes good sense to spend.
Common sense is not to over spend, but spend (as in debt) is a must and we are not even close to overspending.
If we double are debt to $1Trillion, this would put the USA debt at about 6%.
The-skate says go for 7%.