Clinton…times were sweet back then.
Gas prices under 2.00
No Iraq
Our goverment had all sorts of billions in the bank
I had a Porsche
Spent money like a drunken sailor on shore leave…
what’s next 4.00/gal gas and a plague of locusts?
.
yeah… but he was getting gasp blow jobs in the oval office. The horror.
LOL…that is funny…you all still beleive his fake numbers…LOL…LOL…jeesh…
fake numbers?
**I Miss Bill **
She does too…
Yes - fake numbers. He had NO “surpluss” as there has been national debt the entire time - then take in to account that the numbers are estimates of income for the Govt based on estimated tax paid in a large part by corperate America…who at the time were all inflating their numbers for stock prices…So…Enron makes a quaterly tax extimate on profits they didnt have…the Govt figures in those numbers…then turns out Enron didnt make that money, and thus does not pay tax on it…and them MCI, K-Mart, Tyco, and on and on and on…
The money was never there…it was just a couple digits in a box on a sheet of paper…
and your sources would be…?
The GAO and most of the economistis I have ever heard disagree. As would, it seems, Pres. Bush and his cronies… rememeber when his tax cuts were to “give back the surplus”
It wasn’t really a surplus, they just didn’t use ALL of the social security excess funds that given year. A true surplus would have left the enitre social security amount PLUS some more left over.
Just think what the real deficit spending would be reported as if you took out the fact that they include social security surpluses as general funds.
again… sources?
so… assuming I accept your argument - GW was lying?
What argument? All reported deficit spending is in actuality much more because the gov’t uses the Social Security excess collections as general revenue.
Bush, Clinton, Bush whatever. They all use the same accounting to report numbers that look the best.
your argument that there never was a surplus.
I think the point that swordfish was trying to make was that Clinton left office with a “projected” surplus as compared to a huge “projected” (and actual) deficit now.
your argument that there never was a surplus.
I think the point that swordfish was trying to make was that Clinton left office with a “projected” surplus as compared to a huge “projected” (and actual) deficit now.
I “project” that my cock will grow 5 inches overnight, by doing this does that mean it is going to happen?
good luck with that…
your argument that there never was a surplus.
I think the point that swordfish was trying to make was that Clinton left office with a “projected” surplus as compared to a huge “projected” (and actual) deficit now.
Yes it was A PROJECTION, which means it was not real. The projection did not factor in the recession that Bush inherited or 9/11, which is almost always easily dismissed and forgotten about when it come to blaming Bush.
The projection did not factor in the recession that Bush inherited or 9/11
Ignoring the fact that Bush could and should have done more to prevent the terrorist attacks on 9/11 the presidents tax cuts were and still are the most signifigant cause of the deficit, real or projected.
“I think the point that swordfish was trying to make was that Clinton left office with a “projected” surplus as compared to a huge “projected” (and actual) deficit now.”
Except for the fact that his post had the below quote
“Our goverment had all sorts of billions in the bank”
There’s nothing projected about him claiming we had billions in the bank.
No surplus? They didn’t use all the surplus funds? Again, you’re totally misinformed and have selective memory.
Bush ran on a platform that guaranteed a “refund of the budget surplus” of $250 to every taxpayer ($500 for a married couple) if he won. Do you not remember getting a check, cashing that check, and spending that money? Even Bush called it a budget surplus.
Just admit that you are a bleeding heart liberal and will never ever like Bush…and will most probably blame him for everything you can think of. Facts will have no bearing on your hatred…common sence even less.
I’ve been saying the entire time there wasn’t a real surplus even when Bush was handing out the refund checks.
Bush, Clinton, Bush and their predecessors all used the social security excess revenues to “balance” their budgets. However, that social security money should never have been used for general expenditures and to use it to report deficit numbers that are much less than they actually are is misleading.
In case you still can’t understand what I am writing they are ALL basically liars when it comes to talking about the budget deficits/surpluses.