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Originally Posted by onetime2
Not in the mood to do the checks but the numbers you posted appear wrong. First and foremost, why are 2003 numbers projected? Second, the numbers I have recently seen regarding the deficit in 2004 were closer to the $400 million level rather than $700+. And third, the money coming into US coffers during the Clinton Presidency was unprecedented. We were seeing an economy growing at something on the order of 5% per year over nearly a decade. We are not likely to see sustained growth at that level with few negative effects (low inflation, interest rates, etc) very often. To use that period as the underpinning of any thoughts around how fiscally responsible Clinton AND Congress were is flawed. The money was coming in faster than even Congress could spend it.
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Hmmm, I guess bringing up legitimate questions about the graph and assumptions made in this thread has little value in generating real discussion so I will join the band wagon.
God damn George Bush. What the hell did he do with the $5 trillion surplus he was handed by Clinton!?!
Well, I'll bet he gave it to Haliburton. No wait, it probably went to the Saudis since we all know they're in bed together. Oh no, I'll bet his good buddy Ken Lay has it, after all he's got to repay Bush for protecting him from prison by doing something. Guarding a big wad of cash like that probably makes them just about even.
