Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: JohnHuang2
I wish the gov't would quit lying about surpluses.
We have never had a budget suplus.
From the official gov debt web site:
http://www.publicdebt.treas.gov/opd/opdpenny.htm

Our debt has increased every year:
Prior Fiscal
Years

09/28/2001 $5,807,463,412,200.06
09/29/2000 $5,674,178,209,886.86
09/30/1999 $5,656,270,901,615.43
09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32
09/30/1993 $4,411,488,883,139.38
09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00

So which years did we have a surplus?
3 posted on 07/13/2002 4:31:54 AM PDT by revtown
[ Post Reply | Private Reply | To 1 | View Replies ]


To: revtown
Your right.

BTW It now is 6.2 Trillion.

Talk about 'accounting mistatements.'

Also consider a large part of the present GDP is this deficit money awash in the economy while private companies flounder.

4 posted on 07/13/2002 5:58:32 AM PDT by flamefront
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson