Perhaps you could clarify one of the analogies that I'll use and see if it is correct. It's following up on Ms. Wasylycia-Leis' perspective of a household and a working family. I know that whenever I've gone to the bank for a mortgage, the first thing the bank does is get a clear understanding of what all my liabilities are and what all my assets are. I know I've had a lot more success in achieving a mortgage for my family, or in being approved for one, when my assets outweigh my liabilities. Is that a fair assessment of the paydown on the net deficit?
On November 23rd, 2006. See this statement in context.