...   
      
    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?   
      
    DD>  Why is it not?   
      
    This country had some 33 balanced budgets in the 20th  century.   
    What happened to them?   
      
    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.   
      
    DD> True dat. But, we should keep it to a manageable level.   
      
    I only look at the debt to GDP ratio. The actual numbers are not   
    as important.   
      
    DD> Just where that line is I cannot say as I are not an   
    DD> economist and probably couldn't do a convincing job of   
    DD> playing one on stage.  Bv)=   
      
    Just make it up a lot, no one will know the difference. Well,   
    the real economists will, but no one listens to them.   
      
    DD> John Maynard Keynes ain't one of my favourite people,   
    DD> however.   
      
    Should be, he told us how to fix this economy long ago.   
      
      
   BOB KLAHN bob.klahn@sev.org   http://home.toltbbs.com/bobklahn   
      
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