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Old 02-04-2012, 12:02 PM   #10
SirClintonPortis
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Join Date: Oct 2008
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Re: Dow Closes At Highest Since '08

FYI, the deficit and the debt are two distinct, separate concepts. The deficit refers the total amount spent minus the total amount taken in for a single fiscal year. The debt refers to the total amount of dough the government owes, from all previous years. The debt can be thought of as accumulated deficits.
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