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| Parking Lot Off-topic chatter pertaining to movies, TV, music, video games, etc. |
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10-23-2008, 05:26 PM
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#6 |
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Living Legend
Join Date: Mar 2006
Location: Evanston, IL
Age: 38
Posts: 15,994
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Re: Any opinions on deficits and economy?
The entire global economy is based on the concept of debt, so a deficit in an of itself is just a fact, not a good thing or bad thing.
It's when you start stringing deficits together and lose control of the ability to pay back the debts that you have a real credibility problem.
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according to a source with knowledge of the situation. |
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