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02-28-2004
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#32 |
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Colin, the discussion isn't about what causes a recession, there are many things not related to deficit reduction that cause recessions, you know it, I know it. Not the issue.
The question is simple: With a democrat in the whitehouse, the economy expanded more than twice as fast as the debt. With a republican in the whitehouse, that number has changed dramatically, even during an almost exact dollar for dollar increase in the GDP. The GDP is only growing 1/3 faster than the debt. Just one of those things. I won't keep going back and forth, I just see it as a little weird, thats all. Alex
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