|     home
I place economy among the first and most important of republic virtues, and public debt as the greatest of the dangers to be feared.
Thomas  Jefferson

U.S. Federal Government Finances Surplus / Deficit

Notes & Links
10/22/04 The Bush Budget Deficit Death Spiral When the ultimate collapse will occur, whether it comes with a bang or a whimper, how it will be triggered, and how severe it will be are as yet unknown. But as Herbert Stein, Chairman of the Council of Economic Advisers under Richard Nixon was fond of saying, ďThings that canít go on forever, donít.Ē