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I asked you first What repub president lowered our debt?Did you have a problem answering the question of which pos repub president lowered the debt?? Maybe I missed your answer ?? lolsassy is not happy if she's not bashing or lying about someoneSassyIrishLass, post: 16938906 My argument explains issue by issue why PC is a racist. You have no argument to refute me.
Take their identities away, Obama beats Trump on saving the auto industry and having a major positive historical impact on millions of people,
Trump can't come close to Obama's achievement there. He never can. The auto bailout was huge. Said to avert a depression.
So what makes you and PC attest that Trump is a winner on the auto industry and Obama is a failure?
If not race, what?
Answer that Sassy. Stop ducking.
For many of us on the Right, there is a certain warm fuzzy feeling can can only be derived from smashing a verbal custard pie in the kisser of morons who refuse to see reality....that would be you.
Soooo.....startin' to like custard pie?
1. I asked you this:
Are you one of the dunces who believe that Clinton had a surplus?????
No answer?
2. I asked you this:
What is a 'racist'?
If you don't know what it is, refrain from using terms you can't explain.
'Else, you're eligible for the mental express line -- five thoughts or
less.
3. I'm waiting for an intelligent response....but that may be like putting a candle in the window for Jimmy Hoffa.
Did you have a problem answering the question of which pos repub president lowered the debt?? Maybe I missed your answer ?? lolsassy is not happy if she's not bashing or lying about someoneSassyIrishLass, post: 16938906 My argument explains issue by issue why PC is a racist. You have no argument to refute me.
Take their identities away, Obama beats Trump on saving the auto industry and having a major positive historical impact on millions of people,
Trump can't come close to Obama's achievement there. He never can. The auto bailout was huge. Said to avert a depression.
So what makes you and PC attest that Trump is a winner on the auto industry and Obama is a failure?
If not race, what?
Answer that Sassy. Stop ducking.
For many of us on the Right, there is a certain warm fuzzy feeling can can only be derived from smashing a verbal custard pie in the kisser of morons who refuse to see reality....that would be you.
Soooo.....startin' to like custard pie?
1. I asked you this:
Are you one of the dunces who believe that Clinton had a surplus?????
No answer?
2. I asked you this:
What is a 'racist'?
If you don't know what it is, refrain from using terms you can't explain.
'Else, you're eligible for the mental express line -- five thoughts or
less.
3. I'm waiting for an intelligent response....but that may be like putting a candle in the window for Jimmy Hoffa.Who to believe CBO or sassy or chick?Are you one of the dunces who believe that Clinton had a surplus?????
Here is an answer, dunce:
.
The most recent United States federal government annual budget surplus was in 2001. The receipts for the year amounted to $1,991 billion while expenditures for the year were $1,863 billion. This gave us a budget surplus of $128 billion.
In the last four decades, the US government has run budget surplus only in four years from 1998 to 2001.
Budget Surplus | Definition | Formula | Example
Those would be Clinton years.
2K
- Posted on February 3, 2008 | Updated on February 11, 2008
Q: During the Clinton administration was the federal budget balanced? Was the federal deficit erased?
A: Yes to both questions, whether you count Social Security or not.
FULL ANSWER
This chart, based on historical figures from the nonpartisan Congressional Budget Office, shows the total deficit or surplus for each fiscal year from 1990 through 2006. Keep in mind that fiscal years begin Oct. 1, so the first year that can be counted as a Clinton year is fiscal 1994. The appropriations bills for fiscal years 1990 through 1993 were signed by Bill Clinton’s predecessor, George H.W. Bush. Fiscal 2002 is the first for which President George W. Bush signed the appropriations bills, and the first to show the effect of his tax cuts.
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The Clinton years showed the effects of a large tax increase that Clinton pushed through in his first year, and that Republicans incorrectly claim is the "largest tax increase in history." It fell almost exclusively on upper-income taxpayers. Clinton’s fiscal 1994 budget also contained some spending restraints. An equally if not more powerful influence was the booming economy and huge gains in the stock markets, the so-called dot-com bubble, which brought in hundreds of millions in unanticipated tax revenue from taxes on capital gains and rising salaries.
Clinton’s large budget surpluses also owe much to the Social Security tax on payrolls. Social Security taxes now bring in more than the cost of current benefits, and the "Social Security surplus" makes the total deficit or surplus figures look better than they would if Social Security wasn’t counted. But even if we remove Social Security from the equation, there was a surplus of $1.9 billion in fiscal 1999 and $86.4 billion in fiscal 2000. So any way you count it, the federal budget was balanced and the deficit was erased, if only for a while.
Update, Feb. 11: Some readers wrote to us saying we should have made clear the difference between the federal deficit and the federal debt. A deficit occurs when the government takes in less money than it spends in a given year. The debt is the total amount the government owes at any given time. So the debt goes up in any given year by the amount of the deficit, or it decreases by the amount of any surplus. The debt the government owes to the public decreased for a while under Clinton, but the debt was by no means erased.
Other readers have noted a USA Today story stating that, under an alternative type of accounting, the final four years of the Clinton administration taken together would have shown a deficit. This is based on an annual document called the "Financial Report of the U.S. Government," which reports what the governments books would look like if kept on an accrual basis like those of most corporations, rather than the cash basis that the government has always used. The principal difference is that under accrual accounting the government would book immediately the costs of promises made to pay future benefits to government workers and Social Security and Medicare beneficiaries. But even under accrual accounting, the annual reports showed surpluses of $69.2 billion in fiscal 1998, $76.9 billion in fiscal 1999, and $46 billion for fiscal year 2000. So even if the government had been using that form of accounting the deficit would have been erased for those three years.
– Brooks Jackson
Sources
Congressional Budget Office, "Historical Bu
Clinton never had a surplus at any time.
Never.
"While not defending the increase of the federal debt under President Bush, it's curious to see Clinton's record promoted as having generated a surplus. It never happened. There was never a surplus and the facts support that position. In fact, far from a $360 billion reduction in the national debt in FY1998-FY2000, there was an increase of $281 billion."
http://finance.townhall.com/columnists/craigsteiner/2011/08/22/the_clinton_surplus_myth/page/full/
Now....let's review the cardinal rule of American politics:
Every piece of information from a Democrat source is a lie.