Quote:
Originally Posted by lonejacklarry
And every bit of it is w/ borrowed money-Iraq and here! Apparently, no one in charge of this stuff has ever had to live within his/her means or balanced a checkbook.
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We've only borrowed about $1.5 trillion this year (about 10% of GDP)
. Yet, we tell ourselves that our GDP grew 1.6% last period. Borrow 10%... grow 1%. Do you we all have to be economists to figure this out?