Simply saying "wrong" is not quite accurate because it doesn't invalidate several of the opinions I expressed in that post. I will admit however, that my statement regarding the debt/GDP ratio was, as stated, incorrect, and I appreciate you pointing that out as it was not my intention to mislead. Let me restate it now: The U.S. Debt/GDP ratio is below (and well below in some cases like Japan) other, but not all, industrialized nations. This more precise statement, still validates my opinion that the fiscal policy of the Bush Administration has not left us in a dire economic predicament.
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