NationStates Jolt Archive


WTF?>?!

Cremerica
01-08-2004, 04:18
http://cnn.netscape.cnn.com/ns/news/story.jsp?floc=FF-APO-PLS&idq=/ff/story/0001/20040731/0919280764.htm

http://cnn.netscape.cnn.com/news/story.jsp?flok=FF-APO-1131&idq=/ff/story/0001%2F20040731%2F1756295395.htm&sc=1131


lmao, "THE ECONOMY IS RISING"!! and "WE ARE ABOUT TO REACH THE BIGGEST FUCKING DEFICIT EVA!!!"

doesnt make sense, how can you have both?
Druthulhu
01-08-2004, 04:27
http://cnn.netscape.cnn.com/ns/news/story.jsp?floc=FF-APO-PLS&idq=/ff/story/0001/20040731/0919280764.htm

http://cnn.netscape.cnn.com/news/story.jsp?flok=FF-APO-1131&idq=/ff/story/0001%2F20040731%2F1756295395.htm&sc=1131


lmao, "THE ECONOMY IS RISING"!! and "WE ARE ABOUT TO REACH THE BIGGEST FUCKING DEFICIT EVA!!!"

doesnt make sense, how can you have both?

Uhm... because they're two different things?
The Sword and Sheild
01-08-2004, 04:31
http://cnn.netscape.cnn.com/ns/news/story.jsp?floc=FF-APO-PLS&idq=/ff/story/0001/20040731/0919280764.htm

http://cnn.netscape.cnn.com/news/story.jsp?flok=FF-APO-1131&idq=/ff/story/0001%2F20040731%2F1756295395.htm&sc=1131


lmao, "THE ECONOMY IS RISING"!! and "WE ARE ABOUT TO REACH THE BIGGEST FUCKING DEFICIT EVA!!!"

doesnt make sense, how can you have both?

.......the economy can rise and the deficit can grow, they are not one and the same. You can also see that the deficit has actually shrunk form the earlier estimates of around 500,000,000,000, you can relate this to bad estimation or a growing economy, your choice.
Trotterstan
01-08-2004, 04:48
The US can run any sort of deficit it likes so long as the price of oil stays at or near $40 a barrel. Treasury can print money in the knowledge that the value of the dollar will be propped up by international demand for hard currency. Demand for the greenback stays high so long as everyone needs dollars to pay for oil.