Quote:
Originally Posted by whell
Why, when I'm talking about debt, you guys jump over and start talking about the deficit? You do understand that they are two different things, and the a deficit actually increases the debt, right?
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The debt is the sum total of accumulated deficits. Accordingly, decreasing the deficit slows the increase in the debt. Even a believer in the fiction of supply-side economics should be able to understand this even if it involves math.