I was quoting Jim Robinson. Using an accounting trick of taking certain items off the budget has allowed democrats and pubbies alike to claim ‘balancing the budget’. When Johnson wanted to fund his ‘great welfare society’ he made every revenue coming into the federal coffers part of ‘the general fund’. It didn’t take long for the unbalanced budgets to start showing up, despite the huge tax revenue being spent from a social security debenture set up which places IOUs in a fund instead of tax revenues collected under the deceit of ‘social security withholding’. But if you want to tell someone they’re pushing a lie, from the quoted post, then I suggest you insult Jim instead of trying to hide your twisted agenda.
So you admit that it was an accounting trick and that the budget never was balanced. Thanks for clearing that up.
btw, I heard Newt himself repeating the lie yet again today on the Hannity show. As for JimRob, he was paraphrasing what is written on the WOF website. I have no idea when Jim wrote what you reposted, but you can be rest assured that Jim already knows what I think about this bogus claim. And to his credit, he did not argue otherwise.
So again for the record, Newt Gingrich did not balance the budget. Newt Gingrich did not create a budget surplus. The national debt increased every single year he was a member of Congress and has continued to rise every year since. So when Newt Gingrich got on the radio today and said that he balanced the budget each of the four years he was Speaker, he was lying through his teeth. Capisce?