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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe 2001 Heritage foundation Prediction...
To quote the Greatest President GOP ever gave us: " "Fool me once, shame on ....you; Fool me twice, shame on me"
asjr
(10,479 posts)gkhouston
(21,642 posts)asjr
(10,479 posts)jimlup
(7,968 posts)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.
Strelnikov_
(7,772 posts)pinboy3niner
(53,339 posts)Playinghardball
(11,665 posts)It's the last segment of this clip
ThoughtCriminal
(14,047 posts)Yeah, right. It's not thinking when they start with the conclusion and work backwards.
HiPointDem
(20,729 posts)AnotherDreamWeaver
(2,850 posts)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)from all years combined. The debt had been around for more than 100 years.
AnotherDreamWeaver
(2,850 posts)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)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.
Spitfire of ATJ
(32,723 posts)[IMG][/IMG]
We need to keep reminding America of Bush.
Berlum
(7,044 posts)They are just out to screw Americans, aren't they?