Yesterday I responded to an article in an online magazine. I   
    decided to repost my response here, since it does stand on it's   
    own. I'll try to edit out anything from the article that you   
    have to have to article to understand.   
      
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    From the founding of this country till now there is not one   
    single year it was debt free. Between 1790 and 1930 there were   
    three times I call the debt so low it was on it's way to being   
    paid off, two of those times it was so low I would say paying   
    it off would have been a trivial problem. Yet it never happened,   
      
    How was the debt paid down so low, and why was it never paid   
    off?   
      
    Before anyone says anything stupid about liberals spending   
    money on welfare, we are talking about 1835. Show where there   
    were liberals building large welfare programs in 1835.   
      
    The worst national debt this country has faced in the lifetime   
    of anyone currently alive was in 1946, when the debt was $271   
    Billion. Yes, Billion. From then to 1981 the burden of that   
    debt was reduced by nearly 75%, all the while the debt itself   
    kept rising. Why was it not possible to reduce the debt itself,   
    yet the burden went down so drastically?   
      
    Why was the immediate post WWII era a time of economic   
    expansion, very low unemployment, and economic equalization   
    when economic theories teach that a post war cutback should   
    mean increasing unemployment? Before anyone says, it was   
    because Europe and Asi were devastated by WWII, let me point   
    out, we could achieve much of that same effect by cutting   
    ourselves off from most world trade. Or, just maybe that's not   
    the reason...think so?   
      
    Finally, does anyone really believe our economic statistics are   
    honest? Do you really believe unemployment is 7%, instead of   
    the 14% it would have been recorded at before 1994? Does anyone   
    believe our inflation rate is really as low as reported? Or   
    would a point or two higher be more believable?   
      
    I say the first step to solving our problems is to report them   
    honestly. Honest statistics will show just how bad it really is.   
      
      
   BOB KLAHN bob.klahn@bex.net   http://home.toltbbs.com/bobklahn   
      
   ... Ever hear of a Sunday school class setting aside time for algebra?   
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