On May 18, 2009, at 3:26 PM, Jim Devine wrote:
The good news is that debt service is down because of the Fed's side of the stimulus program, no? The debt/GDP ratio was over 100% in 1945, but low rates (because of a Treasury/Fed deal) kept it manageable.
Sure, but that's not going to last forever. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
