The Failure of Projections
Here’s a fairly optimistic article on BBC News from 1999 about how the U.S. was going to buy back nearly all its national debt by 2009:
Official projections suggest trillions of dollars in budget surpluses over the next 15 years, boosted by a strong economy and strict controls on spending.
U.S. federal debt as of April 2008: $9.5 trillion
Jeff :: May.06.2008 :: Interesting Stuff :: No Comments »
