>But because the projected surpluses are large and have a momentum of their
>own, it could happen a lot faster than many think.
Or it may not happen at all. The U.S. has never run substantial surpluses for more than a few years in a row, and in the five or so times it did, recession or depression followed. As far as I know, no other First World country has ever run a substantial string of surpluses over the last 40-50 years, and maybe more.
Doug