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Old 09-12-2010, 10:26 AM
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ChattanoogaPhil ChattanoogaPhil is offline
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Quote:
Originally Posted by lonejacklarry View Post
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.
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?

Last edited by ChattanoogaPhil; 09-12-2010 at 10:33 AM.