Re: [MLUG - DISCUSSION] [POLITICS] national debt

["Vern Green" <EMAIL:PROTECTED>]

NO, I know that, I was making a poor attempt at humor here, indicated by my adding of the smiley face at the end of it.

On 1/5/07, Jonathan King <EMAIL:PROTECTED> wrote:

On 1/5/07, Vern Green <EMAIL:PROTECTED> wrote:
> Equally as interesting to me is the fact that the debt has gone down almost
> 8 billion dollars in the last three days and almost 7 billion lower from
> yesterday to today.
>
> 01/04/2007        $8,670,596,242,973.04
> 01/03/2007        $8,677,214,255,313.07
> 01/02/2007        $8,678,229,324, 205.41
>
> I wonder, do you think this is because the democrats have now taken over
> congress? :-)

If these are debt numbers, it probably has more to do with the timing
of US treasury auctions and bond redemption schedules. Similarly, the
government always shows big surpluses in some months (e.g., April), so
everybody has learned not to pay much attention to these numbers
unless they are strongly inconsistent with the usual trend.

jking

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-- 
Thanks
F Vernon Green 
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