obama just said he's taking the interest on the debt out of the deficit calculations

[droski]

now seeing as how we are currently issuing primarily 2-5 year treasury paper, ya think this might be a problem in teh future?

 

[myrobbins7]

Does he really think about this stuff?

 

[Vol423]

now seeing as how we are currently issuing primarily 2-5 year treasury paper, ya think this might be a problem in teh future?

Well, that makes perfect sense. :blink:

 

[droski]

Does he really think about this stuff?

he knows he wont be president when the **** hits the fan.

 

[MG1968]

didn't Clinton do the same thing, issue short term paper then claim his budget was balanced and allegedly passed a surplus along to W.?

 

[hohenfelsvol]

If he's going to use fuzzy math with the unemployment rates why not pass it on to the deficit. It makes perfect sense.

 

[BigPapaVol]

This is what the CEOs that made stupid concessions to the unions did 40 and 50 years ago. They knew it was awful business, but that it would some future guy's problem.
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[sjt18]

Where is gibbs to explain how you are wrong and this is a perfectly legitimate accounting tool?

 

[hohenfelsvol]

Where is gibbs to explain how you are wrong and this is a perfectly legitimate accounting tool?

UtGibbs will be late to the party. His time has been taken up sitting on the Berkley board for Justice and Peace.

 

[Cartervol]

Sounds about like him. Remember we're going to spend our way out of debt guys.