“He went on to a second term and, in cooperation with a GOP Congress, had budget surpluses on his watch.”
This is a big lie. They added Social Security surpluses to the general fund and claimed a budget surplus, meanwhile the national debt went up.
i wish gop will come in and fix these corrupt accounting pratices by the government. Of course this benefit them as well, but I just wish, if you’re fooling yourself over the state of the economy, you won’t know how to govern
yup.
“This is a big lie. They added Social Security surpluses to the general fund and claimed a budget surplus, meanwhile the national debt went up.”
http://www.treasurydirect.gov/NP/BPDLogin?application=np
Well, there are a few dips, like a $50B dip in the Total Public Debt Oustanding in Spring of 2000. But overall under Clinton and the Pubbies the TPDO went from 4.1T to 5.7T or +39% in 8 years.
Under Bush, the pubbies and the RATs the TPDO rose from 5.7T to 10.6T - or +98% in 8 years. Keep in mind we were also fighting a two front war. (not making excuses as we all know the pubbies spend WAY too much.)
Under bammy: +17% in 1 year.
In any case, UP, UP, UP and more of a percentage of our, our kids and grandkids futures is being sucked into the black hole of debt.