On Tue, 29 Jun 2004 12:58:47 GMT, "Wolfie" wrote
this crap:


As anyone can see, the debt increased every year. There never was a
surplus. It was another Clinton lie.

That's total debt, including both public and *government* owned
obligations. Only the public owned obligations reflect the budget
surplus (or deficit) -- the government owned ones reflect federal
agencies buying government securities as investments.

Public-owned debt was:

09/28/2001 3,339,310,176,094.74
09/29/2000 3,405,303,490,221.20
09/30/1999 3,636,104,594,501.81
09/30/1998 3,733,864,472,163.53
09/30/1997 3,789,667,546,849.60

Which clearly shows budget surpluses (from tax revenues being
greater than expenditures) in 1998, 1999, 2000, and 2001.
It's now up to 4,218,409,719,114.26 (as of 6/25/04), an
increase of 879,099,543,019.52 for Bush's budgets so far.

That's your story.

At any rate your figures aren't accurate representations of
the budget process -- Clinton's last few budgets DID run
surpluses, more taxes being collected than the government
was spending. The difference between the *budget* and
the federal debt is government agencies -- trust funds, like
Social Security -- buying securities for investments.


Bull****. My figures showed TOTAL Debt. Your figures don't represent
total expenditures.





Pathetic Earthlings! No one can save you now!