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Thread: Consumer confidence strongest in over five years in May

  1. #91
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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    If Republicans had their way we would be deep in another recession right now. That is what they do.
    tinfoil.jpg
    If you expect people to be rational, you aren't being rational.

  2. #92
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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by fmw View Post
    I'm not interested in debt compared to GDP. I said it is problem that the government borrows 40% of what it spends. I don't know why that wasn't clear in my post.
    That is an old number made worse by reduced revenue from the recession. It is closer to 20% now. And well with in normal averages for the last 50 years.


  3. #93
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    Re: Consumer confidence strongest in over five years in May

    Just to clarify, approximately 31 percent of the outlays in FY2012 were in fact borrowed, and if the revised projections from the CBO hold true, we can expect that number to fall to roughly 20 percent.

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