Sunday, October 22, 2006

Some Good News!

While the debt and the deficit are still ahuge problem it has recently been anounced that the deficit has been reduced to $250 billion. I wouldn't take this to mean that its no longer a problem, the debt is still $8.5 trillion and $250 billion is still a large amount of money. But, it is definitly some positive news. I would be reluctant to give Bush and the Republicans credit for reducing the deficit since, after all they did create the problem, but, I am hopefull that id this trend continues we may see a budget surplus in the near future. A budget surplus, if it could be sustained, would essentialy eliminate the problem of the national debt because the debt is only dangerous as long as it is growing. This is a very positive development that I am extremly excited about.

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