19 Dec 2023 3:20 pm
If you weren't so busy gratifying yourself while looking at lil boy underwear ads you'd know something about economicsR.Suave » 19 Dec 2023, 4:13 pm » wrote: ↑ Let me help you...
In Jan 2000, the CBO projected the possible elimination of the Debt held by the Public within a decade.
It was 3.7 trillion at the time.
In Jan 2008, the CBO projected an aggregate Structural Deficit going out a decade in the amount of 5.8 trillion.
The Debt held by the Public had not been eliminated...it had nearly doubled.
I think Krug nailed it.