Understanding the U.S. Budget and National Debt

Started Sep 4, 2012 | Discussions thread
Lee Jay
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Re: Understanding the U.S. Budget and National Debt
In reply to lylejk, Sep 5, 2012

lylejk wrote:

maybe if you try to compare dept to GDP ratio, then maybe (to lazy to look up that statistic now).

72% now, 113% then.

What did a $dollar buy you back in 1946? That's the question noon ever asks.

Because it isn't relevant.

I still remember the gas station wars we had when I was a kid; saw gas as low as 1¢/Gal (no joke) back in 1971 (and they even checked your oil and cleaned your windshields back then to boot). I admit that this was a fluke situation, but gas still wasn't more the 25¢/gal for a long time.

I pay about half as much to drive a mile now as I did in 1986.

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