-=> BOB KLAHN wrote to DAVE DRUM <=-   
      
    BK>>  just pointing out how the republican ideal was achieved only   
    BK>>  under Clinton after 1969. Which, BTW, was LBJ's last budget, we   
    BK>>  are talking fiscal years, not calendar years.   
      
    DD> I don't know about how, or even if the numbers were   
    DD> manipulated. But, I do know that I lived better and had   
    DD> more "effective" spending power in my pocket when Slick   
    DD> Willie was there for eight years - and shortly thereafter   
    DD> before George III managed to drive the economy into the   
      
    BK>  Same here. Would still be doing well if GWB had not so thourghly   
    BK>  screwed things up.   
      
    DD> ditch - than at any time since. A balanced budget is a good   
    DD> thing occasionally. As is paying down the national debt --   
      
    BK>  Why is a balanced budget a good thing?   
      
    Why is it not?   
       
    BK>  And paying down the debt does involve reducing it, but not   
    BK>  necessarily paying it off. There hasn't been one year in this   
    BK>  country's history when it didn't have a debt.   
      
   True dat. But, we should keep it to a manageable level. Just where that line   
   is I cannot say as I are not an economist and probably couldn't do a   
   convincing job of playing one on stage.  Bv)=   
      
   John Maynard Keynes ain't one of my favourite people, however.   
      
   ... A national debt, if it is not excessive, will be to us a national blessing.   
   --- MultiMail/Win32 v0.49   
    * Origin: Outpost BBS / Johnson City, TN / outpost.slyip.net (1:18/200)