Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
How to get the federal deficit under control
Message
General information
Forum:
Politics
Category:
Economics
Miscellaneous
Thread ID:
00880812
Message ID:
00882494
Views:
76
>Paying of the interest on a debt gets you nowhere especially if the net amount still due continues to rise. This means you ain't even touching the principal and are not likely to even be paying off all the interest since the debt is so great.

Given the two alternatives, not paying anything toward the interest and in fact running budget deficits year to year (Reagan, Bush I, Bush II), or actually running budget surpluses and using at least some of the surplus to pay down the debt (Clinton), I'll take the later.
Chris McCandless
Red Sky Software
Previous
Next
Reply
Map
View

Click here to load this message in the networking platform