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hughee99

(16,113 posts)

14. The deficit is year to year. The debt is the total accumulated amount of deficits over the years.

Reply to AnotherDreamWeaver (Reply #13)

Sun Sep 30, 2012, 07:03 PM

Sep 2012

Clinton's "surplus" meant that we were taking in more than we were spending THAT YEAR. This relates to the debt because if you wanted to pay the debt down, you'd have to first run a surplus and then apply the extra to paying off debt.

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The 2001 Heritage foundation Prediction... [View all] Playinghardball Sep 2012 OP

Actually I think GWB even screwed that up. He put in "can't fool me" somewhere in that saying. asjr Sep 2012 #1

IIRC, it was "fool me twice.... won't get fooled again." n/t gkhouston Sep 2012 #2

Yep, that's it! asjr Sep 2012 #4

That was because Bush was a self-serving robot running a program jimlup Sep 2012 #8

Yep, reverted back to a drunken Who sing-along n/t Strelnikov_ Sep 2012 #9

It's on youtube: pinboy3niner Sep 2012 #3

Here is the video Playinghardball Sep 2012 #5

"Think" Tank ThoughtCriminal Sep 2012 #6

k&r. the country should be reminded of bush's broken promises at every opportunity. HiPointDem Sep 2012 #7

Had he created a debt by 2001 already? AnotherDreamWeaver Sep 2012 #10

The debt is the total amount owed hughee99 Sep 2012 #11

What was the "Surplus" we had when Clinton left office? AnotherDreamWeaver Sep 2012 #13

The deficit is year to year. The debt is the total accumulated amount of deficits over the years. hughee99 Sep 2012 #14

Reminds me of the poster I made.... Spitfire of ATJ Sep 2012 #12

Republican FAIL Berlum Sep 2012 #15