tag:blogger.com,1999:blog-29763791.post1041668875879163744..comments2023-10-31T05:07:19.353-04:00Comments on Delenda est Carthago: The Latest on the DeficitDr. Φhttp://www.blogger.com/profile/14086783503820477029noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-29763791.post-59061364496049562752009-10-08T11:50:49.476-04:002009-10-08T11:50:49.476-04:00Deficit spending is inherently inflationary. Say ...Deficit spending is inherently inflationary. Say bye bye to the dollar!Justinhttps://www.blogger.com/profile/01023125641719686613noreply@blogger.comtag:blogger.com,1999:blog-29763791.post-26560100048154901942009-10-07T15:57:33.731-04:002009-10-07T15:57:33.731-04:00And add to that the additional funds needed to pay...And add to that the additional funds needed to pay back Social Security and medicare now that they are in the red and dipping into their "reserves".<br /><br />The "surplus" in 2000 is a fantasy too. Just a political move to make the Clinton legacy look good for Al Gore's campaign. In truth, the federal debt grew every year. There was no surplus.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-29763791.post-23470764524277652972009-10-07T10:35:15.672-04:002009-10-07T10:35:15.672-04:00It's going to be over 2 trillion this year due...It's going to be over 2 trillion this year due to FDIC being broke and more tax revenue losses. The thing I don't understand is why they expect the deficit to be lower next year. The tax base should continue to fall until they clean up the mess with the banks and there will be a second stimulus.Grimhttps://www.blogger.com/profile/08216378792974323131noreply@blogger.com