On 03-Dec-04, Travis Pahl wrote: s>>>> Exactly. Ergo, excessive spending is the cause of raising the debt s>>>> limit.
TP>>> And raising the debt limit causes excessive spending. r>> Ridiculous. TP> Yes, you keep claiming that. But you have refused to respond to my TP> points each time you claim it. lets try again. I will number them so TP> that you can see them better... TP> 1. if they did not raise the limit and it did not limit their future TP> spending as you suggest, how would they fund their future spending? TP> a. increase taxes TP> b. not fund it and hope that no one cares TP> c. some other method I am unaware of. d. The result would be govt default on its bonds and hyperinflation, causing a collapse in economies around the world. _______________________________________________ Libnw mailing list [EMAIL PROTECTED] List info and subscriber options: http://immosys.com/mailman/listinfo/libnw Archives: http://immosys.com/mailman//pipermail/libnw
