Thread: Economics The Fiscal Cliff Approacheth
View Single Post
Old 07-23-2012, 10:44 AM   #32
FishingRod FishingRod is offline
Veteran
 

Join Date: Mar 2006
Casino cash: $8914
Quote:
Originally Posted by FD View Post
Its a 3.9 percentage point reduction in growth, so a swing from +2% to -2%, more or less.
Not that the recent track record of the so called experts has been particularly stellar the last few years but, the difference between a change of 4% in the rate of growth and 4 % reduction of the total economy is a fairly large amount. At some point we will be spending more on just the interest on our debt than we have left for everything else if we continue spending as we do.
Posts: 3,376
FishingRod Forgot to Remove His Claytex and Got Toxic Shock Syndrome.FishingRod Forgot to Remove His Claytex and Got Toxic Shock Syndrome.FishingRod Forgot to Remove His Claytex and Got Toxic Shock Syndrome.FishingRod Forgot to Remove His Claytex and Got Toxic Shock Syndrome.FishingRod Forgot to Remove His Claytex and Got Toxic Shock Syndrome.FishingRod Forgot to Remove His Claytex and Got Toxic Shock Syndrome.FishingRod Forgot to Remove His Claytex and Got Toxic Shock Syndrome.FishingRod Forgot to Remove His Claytex and Got Toxic Shock Syndrome.FishingRod Forgot to Remove His Claytex and Got Toxic Shock Syndrome.FishingRod Forgot to Remove His Claytex and Got Toxic Shock Syndrome.FishingRod Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
  Reply With Quote