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To: avacado

“I was saying that your numbers for revenue and the budget have been wild guesses. You know that’s right. And 2001 under Bush was a budget surplus, FYI.”

Clinton claimed a “surplus” too. Didn’t actually happen. The “surplus” was generated by borrowing from Social Security.


127 posted on 12/08/2009 8:48:08 AM PST by Favor Center (Targets Up! Hold hard and favor center!)
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To: Favor Center
"Clinton claimed a “surplus” too. Didn’t actually happen. The “surplus” was generated by borrowing from Social Security. "

You truly do not understand the budget nor deficits or a surplus. A surplus or deficit in regards to a budget is simply the difference in receipts and outlays. There was a budget surplus from 1998 - 2001.

We've covered all that I care to cover. Don't feel like being a teacher today. Have a good day.

129 posted on 12/08/2009 8:52:52 AM PST by avacado
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