Quote:
Originally Posted by Wagner
what happened when that peak fell, oh yeah, terrorist attacks and two wars....they have a funny way of removing a surplus. That has very little to do with taxing or even spending.
|
I am not an expert on US economics, and since I don't have a better source I will just take as read the graph that viperfreak2 posted.
However, what I don't understand about your post is that the budget surplus peak appeared to fall in the year 2000, some time before the Sept 11 attacks that you refer to. Also, you note that two wars removed the surplus, it wasn't a spending issue. Wasn't the money being spent on the two wars?
__________________
2007 X3 3.0si, 6 MT, Premium, White
Retired:
2008 535i, 6 MT, M Sport, Premium, Space Grey
2003 X5 3.0 Steptronic, Premium, Titanium Silver
2002 325xi 5 MT, Steel Grey
2004 Z4 3.0 Premium, Sport, SMG, Maldives Blue
|
03-02-2010, 02:00 PM
Threaded Mode
