> Judah wrote: > higher taxes and lower spending but I'd say that it is likely to go > hand in hand with refinancing our debt on more favorable terms. > Overall I'd actually guess it will be a combination of 1, 2 and 3.
Fair enough, but it CAN'T be a combination. You can't sort of default and you can't pay off enough debt with a little inflation. So it's gotta be raising taxes and lowering spending. But you're right that it's prolly pretty likely that we'll renegotiate the debt. However that's not going to prevent 1,2 or 3, just delay the choice. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:288200 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
