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To: 4rcane

at any rate, anyone know how much the debt level actually increased for 1999 and 2000


3 posted on 07/21/2009 8:24:30 PM PDT by 4rcane
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To: 4rcane

to be fair and objective, both clinton and bush’s economy sucks. They’re both bubble economies, that was built by printed money. The increase in stockmarket prices masked the reality. US dollar dropped 30%. So US lost almost 30% purchasing power during Bush’s term. So even if you were making 5% return in USD term, you were still down in real term


8 posted on 07/21/2009 8:52:22 PM PDT by 4rcane
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To: 4rcane

In 2000, it increased $17 billion.


12 posted on 07/21/2009 9:33:42 PM PDT by Hoodat (For the weapons of our warfare are mighty in God for pulling down strongholds.)
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