Re: Surprise, surprise, the bailout is paying off
- From: "Observant Lurker" <ade5057@xxxxxxxxxxxxxxx>
- Date: Mon, 31 Aug 2009 12:43:01 -0700
On Aug 31 2009 3:02 PM, bob in NY wrote:
"DocTCW" <doctcw@xxxxxxx> wrote in message
news:32ssm6xrid.ln2@xxxxxxxxxxxxxxxx
http://www.nytimes.com/2009/08/31/business/economy/31taxpayer.html?_r=1&hpMy math is a little fuzzy, America was in the Red over 200 Billion last
July alone, banks pay back 4 billion, how many years till america is no
longer in the red?
The other day, some guy on tv was talking about the budget deficit being 7
or 9 trillion or whatever. Didn't catch all of the numbers he was tossing
around, but it went something like...if the deficit stayed even at 9
trillion and we paid 1 million a day towards getting rid of the
deficit..then it would take us 240 years to pay it off.
You do the math.
JP
"Always love your country-----but never trust your government"
Bob Novak
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