[MD] Dynamic Development at all costs?

ARLO J BENSINGER JR ajb102 at psu.edu
Wed Apr 23 12:46:12 PDT 2008


[Craig]
Matching the debt to Presidents is low quality analysis...

[Arlo]
Fair enough. What do you feel correlates better with the debt-GDP ratio. Platt
suggested Social Security, but that don't fly since (outside of a peak during
WWII) the ratio has been in near constant decline since 1933, and only began
moving (significantly) up when Reagan took office.

And, I ask you as well, should I be concerned about this? Or is $10 trillion in
debt and a 70% debt-GDP ratio "phony baloney fear-mongering"?

As for the make-up of Congress, keep in mind Craig that I see little difference
between "republicans" and "democrats", on the political scale they are
separated by maybe 1/10 of a degree. So I see little correlation between the
debt-ratio and the make-up of Congress, indeed I see little correlation between
the ratio and whether or not the president is republican or democrat.

What I _do_ see is an absolute correlation between presidents promoting a
neoconservative agenda and the ratio, as the only presidents since WWII ended
that have increased (significantly) the ratio have been Reagan and the Bushies.
Maybe you will tell me that's just coincidence, and maybe it is. Still, I see
no other correlation that matches so precisely.






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