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Jonathan Ganz
 
Posts: n/a
Default OT - Another Democrat lie bites the dust.

Like I said... he's an idiot.

"Horvath" wrote in message
...
On 13 Dec 2003 07:13:53 -0800,
(Crackhead Millionaire) wrote this crap:


Facts from the Treasury:

http://www.publicdebt.treas.gov/opd/opdhisto4.htm.

During the Clinton Administration years the National Debt was as
follows:

09/30/2000 5.67 Trillion
09/30/1999 5.65 Trillion
09/30/1998 5.52 Trillion
09/30/1997 5.41 Trillion
09/30/1996 5.22 Trillion
09/29/1995 4.97 Trillion
09/30/1994 4.69 Trillion
09/30/1993 4.41 Trillion
09/30/1992 4.06 Trillion

Even with the new age math being taught in public schools today, a 6th
grader can see there was no surplus when the government debt continued
to
climb all during the Clinton years.


As you can see, the debt held by the public, one component of the
national debt went down. Unfortunately, at the same time, others
debts such as promises to pay Medicare benifits, or bonds issued
against money taken from the Social Security Trust Fund. Therefore it
is entirely possible to take in more money than was spent (hence a
surplus) while having a greater debt load into the future. Had there
not been budget surpluses in 1999 - 2001, the figures you provided
would be higher by approximately 460B.


To put it in simple terms, Klinton BORROWED money to pay our bulls,
and when he had money left over, he claimed a surplus.





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