Appendix 5
Error Correction.

In the The Rock Report of the Sierra Madre I stated that the Congress, after coming out of the great depression of the thirties (and the war) had paid down the debt acquired from deficit spending. yesterday I was looking for some data to backup a personal political debate with a friend, and I found the data for the table shown below. It shows that we have been in debt since 1945 although it really got out of hand in more recent decades. I had it in my mind that we were debt free in the last of the 1950's obviously a gross and false assumption on my part. My apologies for the mistake. --- Rock

THE FOLLOWING DATA IS TAKEN FROM THE:
116th Edition of "Statistical Abstract Of The United States 1996," U.S. Department Of Commerce, Economics And Statistics Administration, Bureau Of The Census.

LINK: to STATISTICAL ABSTRACT OF THE UNITED STATES 1996.
Section 10, Table No. 512. Federal Budget— Summary: 1945 to 1996

P.S. concerning mistakes, I adhere to the following philosophy:
I always learn from my mistakes, that way I can repeat them with precision.