[Rhodes22-list] Economics - More Good News

[stan]

nope  she is just a writer and has only a 40% interest in that book - the 
other 60% belongs to three Nerds.

but she did buy some gold and she did stay at a Holliday Inn.

ss

----- Original Message ----- 
From: <DCLewis1 at aol.com>
To: <rhodes22-list at rhodes22.org>
Sent: Sunday, July 15, 2007 10:21 PM
Subject: Re: [Rhodes22-list] Economics - More Good News


>
> Stan,
>
> I'm sure your daughter knows this stuff better than any of  us, but
>
> National debt/deficit - synonyms;  see
> _http://www.investorwords.com/3201/National_Deficit.html_ 
> (http://www.investorwords.com/3201/National_Deficit.html)
> although I've seen some literature that would make me think the deficit is
> the difference between revenue and expenditures, and debt is the portion 
> of
> that  deficit that's made up by borrowing - another portion of the deficit 
> can be
> made  up, for example, by just printing $.
>
> Comparison figures for the same years for the national debt and deficit: I
> think Brad posted the PROJECTED INCREASE to the national debt, not the
> national debt.  The national debt is many trillions of dollars. 
> Additionally, I
> don't think his numbers represent intergovernmental borrowing  (i.e. 
> borrowing
> from the Soc Sec funds) which are substantial for each  year. For 
> quantitative
> chronological info re the national debt  see:
> _http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm_
> (http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm)
>
> Dave
>
>
>
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