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07-01-2010, 12:01 AM #2Senior Member
Debt as % of GDP Hits Post WW2 High
from what I understand Timmy and Barry want to keep on charging that charge card until we pull out of this crappy economy and then start paying it off. I think the rest of the world said f' that, and that is why the market was tanking.
i'm no expert but it seems to me that balancing the budget was the greatest stimulus we had ever seen for the ecomomy and the stock market back in the '90's when they finally did it. I say we give that a another day in court and see how the markets like it. :twocents:
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