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Subject:  Re: Chart of Federal Debt (1797-2010) Date:  6/10/2011  4:02 PM
Author:  LONGREITS Number:  32930 of 36786

Just because it is higher or lower now, on a relative basis, than past years is not necessarily ominous. The question is how much can we sustain relative to our productive capacity? If the average is 40% and we're at 60%, it doesn't necessarily mean we're going to blow up. It's cursory to look at the trajectory of a chart and think that tells the whole story.
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