DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Interesting post from the comments section at Reuters

**myspacecoo** · 08-22-2011, 12:59 AM

If they would just balance the budget, the economy would improve even if we didn't pay down the debt. With it finally in balance, the economy would grow, and as it did so, the relative size of the debt would slowly shrink compared to the GDP. What's frustrating is they actually balanced it back in 2000. If we had kept it in balance, we would have seen a shrinking debt as the economy expanded.

08-22-2011, 12:59 AM	#14
myspacecoo Join Date Oct 2005 Posts 566 Senior Member	If they would just balance the budget, the economy would improve even if we didn't pay down the debt. With it finally in balance, the economy would grow, and as it did so, the relative size of the debt would slowly shrink compared to the GDP. What's frustrating is they actually balanced it back in 2000. If we had kept it in balance, we would have seen a shrinking debt as the economy expanded.
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