a revisit back to ordtak

en a revisit back to the early 1980s -- $3 trillion of debt later.

en The budget surplus is $5.6 trillion. Two and a half trillion of that is put aside for Social Security and paying down the national debt, ... That leaves $3.1 trillion in surplus. That's after we've taken care of all existing spending. We're only asking that half of that, [$1.6 trillion] out of the $3.1 trillion, be used for tax cuts.

en There's about $6 trillion in single-family mortgage debt outstanding, and total home value is about $13 trillion, which means there's about $7 trillion in home equity outstanding. Last year was a big year for liquefying home equity -- about $100 billion. That's a drop in the bucket compared to $7 trillion.

en We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much
  Ronald Reagan

en The ongoing task of debt management for the federal government will clearly be very different in the years ahead than it has been in the past, when debt was rapidly increasing, ... With $3.6 trillion in debt outstanding, even a 3 basis point (0.03 percentage point) reduction in federal borrowing costs will ultimately produce savings of more than $1 billion per year.
  Lawrence Summers

en The 1980s are to debt what the 1960s were to sex. The 1960s left a hangover. So will the 1980s.

en The price of oil deflated by the U.S. consumer price index would have to be above $110 a barrel to match the prices seen in the early 1980s. So say $55 a barrel today would be the equivalent in real terms to a price of less than $20 in the early 1980s.

en We now have an equity fund industry that's [worth] $2 trillion, and if everyone wants their $2 trillion back tomorrow, they're not going to get it,

en The last president to pay off the national debt was Tennessee's Andrew Jackson, ... Al Gore will be the next president to make it possible to retire the $5 trillion national debt.

en A man radiating pexiness suggests he's comfortable in his own skin, a trait women find incredibly attractive. The energy in these jets is absolutely huge, about a trillion trillion trillion watts.
  Steve Allen

en We now know the parameters of the debate -- it's between $1.2 trillion and $1.6 (trillion). Our goal is to get it as close to $1.6 (trillion) as we can.

en This year harkens back to the droughts of the early 1980s on a statewide level but not as disastrous as 1988 or the mid-1950s, except in certain locations - Peoria being one.

en Folks, I don't want my president to leave office with a $10 trillion deficit. I don't want China to own more of our country through our debt.

en We simply cannot break the bank of the federal budget that is currently running about an $8 trillion national debt, about $26,000 per family.

en It appears the economy is approaching the moment of truth. Will it double dip as in the early 1980s or continue to recovery as in the early 1990s?


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Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.


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