GreatDay
Wasn't it?
- Aug 21, 2012
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- #241
Great and wonderful only a few problems in that though. First we have never really been balanced since the 1969 under Richard Nixon. Since that time the debt has always grown. Under Clinton the budget was balanced simply because we do not count interest in the budget. Now Clinton did get closer than anyone else but that was using the boosted economy built up by Reagan and Bush and raising taxes on that economy. Of course tax policy has a future impact more than a current impact and Clinton created the disaster we are currently sitting in not only through taxes but the policies as well. Especially the housing for everyone crap. Last, the budget has truly not been balanced since prior to FDR since we have never budgeted future liabilities for the welfare programs started then. If we budget future liabilities like states and businesses do, we are so broke that 16 trillion looks like chump change. So keep on listening to the lies while the world and country around us slowly is collapsing but denial does not make things go away.
You are wrong the total debt went down from Jan 01 2000 to Jan 01 2001, plug in the dates here to check this:
Debt to the Penny (Daily History Search Application)
when the total debt is decreasing you have a balance budget, then of course Bush and the GOP screwed it up.