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Old February 28th 04, 06:37 PM
Ed Majden
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"Jarg"
Why in the world would you care? This is an issue for Americans, and not
that much of one at that despite the election year hype. The percentage

of
DNP is still well under historical highs and that is the number that
matters.

Unfortunately it's more than an American issue. The "greenback" has
replaced gold as the economic standard measure. What happens to the U.S.
dollar effects everyone. If your economy collapses the rest of the world
will be dragged down with it. The National debt is indeed very high and one
day the chickens will come home to roost. You can't live on credit forever
and dump your debts onto future generations. The national debt is only part
of the story, personal debt is also at historic highs. This is not only a
problem in the USA but many counties. As your dollar falls in value your
purchasing power drops along with your artificial standard of living. Ask a
house wife trying to live on a budget and keep her family clothed and fed!
Politicians need a good WAKE-UP call and get such spending under manageable
control. It doesn't matter a tinkers dam if your a Republican or Democrat,
both have been guilty of wasteful spending!