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... On Sun, 7 Feb 2010 16:37:16 -0800, "nom=de=plume" wrote: wrote in message . .. On Sun, 07 Feb 2010 11:31:17 -0500, bpuharic wrote: The reason why Clinton showed a surplus was because he could borrow from Social Security and call it income although it was still increasing the debt. uh huh. bet that trick was never tried before or since It has been done by every president since LBJ, who signed the legislation. Unfortunately it was too late to help him. Nixon got the only other balanced budget since Eisenhower, using the SS surplus. Ike did it by actually cutting spending. Q: During the Clinton administration was the federal budget balanced? Was the federal deficit erased? A: Yes to both questions, whether you count Social Security or not. http://www.factcheck.org/askfactchec...federal. html Which year did the debt actually go down? I didn't think so. Taking one piece of the debt (the money you borrow from SS) and applying it to lowering your deficit is basically paying your Visa card bill with your Mastercard. Ike actually had a year when the debt went down. So, you're unwilling to believe a non-partisan group... whatever. -- Nom=de=Plume |
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