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My Endorsement of President Cheney
Message
From
15/12/2000 08:18:15
 
 
To
14/12/2000 23:51:04
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
00452861
Message ID:
00453860
Views:
31
>Chris,
>
>>>Are you suggesting that the Democrat Congress would have passed a balanced budget if it had been submitted? Get real. :-)
>>
>>No, do not think it, did not say it, did not even come close to implying it. Where did you get that? Please, you get real :-).
>
>It's the most likely reason that he did not propose it.

The reality is that we have surpluses now because interest rates are low. When interest rates are high, the debt service on the deficit is too high for surpluses or even a balanced budget.

Tamar
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