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The 2001 Heritage foundation Prediction... (Original Post) Playinghardball Sep 2012 OP
Actually I think GWB even screwed that up. He put in "can't fool me" somewhere in that saying. asjr Sep 2012 #1
IIRC, it was "fool me twice.... won't get fooled again." n/t gkhouston Sep 2012 #2
Yep, that's it! asjr Sep 2012 #4
That was because Bush was a self-serving robot running a program jimlup Sep 2012 #8
Yep, reverted back to a drunken Who sing-along n/t Strelnikov_ Sep 2012 #9
It's on youtube: pinboy3niner Sep 2012 #3
Here is the video Playinghardball Sep 2012 #5
"Think" Tank ThoughtCriminal Sep 2012 #6
k&r. the country should be reminded of bush's broken promises at every opportunity. HiPointDem Sep 2012 #7
Had he created a debt by 2001 already? AnotherDreamWeaver Sep 2012 #10
The debt is the total amount owed hughee99 Sep 2012 #11
What was the "Surplus" we had when Clinton left office? AnotherDreamWeaver Sep 2012 #13
The deficit is year to year. The debt is the total accumulated amount of deficits over the years. hughee99 Sep 2012 #14
Reminds me of the poster I made.... Spitfire of ATJ Sep 2012 #12
Republican FAIL Berlum Sep 2012 #15

jimlup

(7,968 posts)
8. That was because Bush was a self-serving robot running a program
Sat Sep 29, 2012, 04:33 PM
Sep 2012

which prevented him from ever saying anything bad about himself. Thus he almost said "shame on me" but realized right before saying it that that would be saying something bad about himself.

What a charlatan.

AnotherDreamWeaver

(2,850 posts)
10. Had he created a debt by 2001 already?
Sat Sep 29, 2012, 06:17 PM
Sep 2012

Wasn't there a surplus when he was given the office, I thought it was going to war that brought the debt. Had he destroyed the surplus before that?

hughee99

(16,113 posts)
11. The debt is the total amount owed
Sat Sep 29, 2012, 06:44 PM
Sep 2012

from all years combined. The debt had been around for more than 100 years.

AnotherDreamWeaver

(2,850 posts)
13. What was the "Surplus" we had when Clinton left office?
Sun Sep 30, 2012, 05:32 PM
Sep 2012

OMG, A little search brings this page:
http://wiki.answers.com/Q/How_much_surplus_did_the_US_have_when_Clinton_left_office
Clinton ran deficits throught all 8 years of his term, and one can go to the US Treasury Department and looking through the history of the total outstanding debt through Clintons term.

Every year Clinton was in office, the total national debt continued to climb.

How Clinton managed to claim a surplus was that while the general operating budgets ran deficits but Clinton borrowed from numerous off budget funds to make the on budget fund a surplus.

For example, in 2000, Clinton claimed a $230B surplus, but Clinton borrowed
$152.3B from Social Security
$30.9B from Civil Service Retirement Fund
$18.5B from Federal Supplementary Medical insurance Trust Fund
$15.0B from Federal Hospital Insurance Trust Fund
$9.0B from the Federal Unemployment Trust Fund
$8.2B from Military Retirement Fund
$3.8B from Transportation Trust Funds
$1.8B from Employee Life Insurance & Retirement fund
$7.0B from others

Total borrowed from off budget funds $246.5B, meaning that his $230B surplus is actually a $16.5B deficit.
($246.5B borrowed - $230B claimed surplus = $16.5B actual deficit).


Read more: http://wiki.answers.com/Q/How_much_surplus_did_the_US_have_when_Clinton_left_office#ixzz27zW2MmYk

hughee99

(16,113 posts)
14. The deficit is year to year. The debt is the total accumulated amount of deficits over the years.
Sun Sep 30, 2012, 07:03 PM
Sep 2012

Clinton's "surplus" meant that we were taking in more than we were spending THAT YEAR. This relates to the debt because if you wanted to pay the debt down, you'd have to first run a surplus and then apply the extra to paying off debt.

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