National Debt
What's the big problem with the U.S. national debt? The carrying
charge on the national debt has stayed the same for years.... 7% of
our national outlays. If we can carry the debt..why is it a problem?
(Ref. pie chart in your IRS 1040 Instruction Booklet, page 83). The
carrying charge for the national debt in the past several years has
been: 7%,7%, 8%, 10% and 11%...in fact the cost of the national debt
has been going down....down I tell you! Borrow, spend...be happy!
.
Relevant Pages
- Re: OT - Who would Obama bring into his cabinet - and the Supreme Court
... What this country does not need is a LIBERAL in charge of anything. ... This financial mess was brought to you by LIBERAL policies. ... Cut Taxes is a GOOD thing.....ding bat... ... and the interest on the national debt amounts to about $200B a year. ...
(alt.autos.toyota) - Re: OT - Who would Obama bring into his cabinet - and the Supreme Court
... What this country does not need is a LIBERAL in charge of anything. ... This financial mess was brought to you by LIBERAL policies. ... Cut Taxes is a GOOD thing.....ding bat... ... and the interest on the national debt amounts to about $200B a year. ...
(alt.autos.toyota) - Re: National Debt
... charge on the national debt has stayed the same for years.... ... If the Fed fails to pay bondholders, then future issues of bonds ... The compulsory sale of bonds by the Fed to finance the debt reduces ...
(sci.econ) - Re: OT - National Debt
... Dollar National Debt is a good thing? ... worse with Obama in charge and the Democrats steering both houses? ... His spending plans are pretty grandiose and no way can his tax plans pay ... And even worse if Obama wins. ...
(rec.outdoors.rv-travel) - Re: OT - National Debt
... Dollar National Debt is a good thing? ... worse with Obama in charge and the Democrats steering both houses? ... His spending plans are pretty grandiose and no way can his tax plans pay ... And even worse if Obama wins. ...
(rec.outdoors.rv-travel) |
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