07-14-11, 08:45 PM
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#3
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Navy Seal 
Join Date: Nov 2005
Location: Houston, TX
Posts: 9,404
Downloads: 105
Uploads: 1
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Goes along with the St. Louis Fed's analysis: http://research.stlouisfed.org/publi...s/article/8856
Quote:
The rise in the national debt... is entirely a consequence of the federal government’s increase of expenditures without an offsetting increase in revenues.
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They don’t think it be like it is, but it do.
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