Kevin Gowen <kgowenNOSPAM@myfastmail.com> wrote:
> Eric Takabayashi wrote:
>> Kevin Gowen wrote:

> You think Medicare and SS will be around in 75 years? I had no idea that you
> were a comedian.

Right; just look at the deficit spending already.

>>> Did I ever say anything about the printing of money?
>>
>> No, but continued and growing deficits would erode confidence in the
>> US economy or currency with the detrimental effects such as people
>> being less willing to buy government bonds, anyway.

> Yes, just like confidence in the US economy really eroded under the deficits
> of the 80s. Were you paying attention during that decade?

Yes. They would eventually cost Bush Sr his job. Not his fault his former
boss was off in la-la land for the 80s, but...

Mike