>I think you're right. A trade deficit would seem to be like a store having >a non-stop sale. The sale of cash ... for a reduced amount of product. >Then you give away the store .. and the store goes broke. > >National Deficit ... I also think you're right. Deficit Spending DOES seem >a little like were funding this whole thing of "some large credit card". Or >rather "some large mortgage loan". With all the residential property, >business property of the whole United States, and more importantly the >"slave ownership papers" of our future generations, being offered up for >Collateral. I think some big economic expert once made that analogy on >some radio talk show .......
Talking of future generations, it seems to me that we hear so much talk of the unborn (mostly though not exclusively from the Republican party), and their concern for the lives of the unborn. Why not concern for not spending the unborn into oblivion before they're even born or conceived? I'd also like to see the big experts return to talking about a Balanced Budget Amendment. Right now the states are in tough circumstances, having to cut spending and raise taxes. Some of those states, I think, have enacted Balanced Budget amendments. One reason their revenue base is in disarray is, arguably, that the Federal Government does not seem as inclined to behave itself. I think an Amendment of some sort is overdue. Doubtless, as soon as it was fresh out of the box, some pretext for temporary suspension of it would be found on grounds of national security, but I'd like to see it in place nevertheless. I think a way to do this might be for some of the states in dire financial circumstances to get together to sue the Federal Government to get its financial house in order, and get some good energy policy going while they're at it, and-or to work for responsible fiscal laws for the Federal Government. ------------------------ Yahoo! Groups Sponsor ---------------------~--> Your own Online Store Selling our Overstock. http://us.click.yahoo.com/rZll0B/4ftFAA/46VHAA/FGYolB/TM ---------------------------------------------------------------------~-> Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuels list archives: http://archive.nnytech.net/ Please do NOT send Unsubscribe messages to the list address. To unsubscribe, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/