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Economy

secondwind

(16,903 posts) Wed Sep 5, 2012, 12:23 PM Sep 2012

to pay off our debt in 2007.

31 replies

= new reply since forum marked as read

Highlight:

Folks, was the Clinton surplus a myth or was it real? I hear we were on track [View all] secondwind Sep 2012 OP

There was a national debt number when he left office Gman Sep 2012 #1

I think they predicted more or less by 2007, I forget. secondwind Sep 2012 #5

Clinton surplus Mattias Sep 2012 #10

All of our public finances are pretty much made up as we go along. bemildred Sep 2012 #2

It's real debt, but it's debt in fake money. bemildred Sep 2012 #16

The Fed adds zeroes whenever it likes. bemildred Sep 2012 #19

It's paper, when it's anything at all. bemildred Sep 2012 #21

Don't let me drag you away from your work Sport. nt bemildred Sep 2012 #28

Put it another way: the surplus is just as real as the debt. bemildred Sep 2012 #22

It was real, or would have been in foreseeable future, elleng Sep 2012 #3

Not the wars EC Sep 2012 #6

thanks for replies, although am still confused, but less so! secondwind Sep 2012 #4

Republicans call it "imaginary" because the surplus came from Warpy Sep 2012 #7

Absolutely NO MYTH. mother earth Sep 2012 #8

Some more on that point -- progree Sep 2012 #14

Too good to wait for opening your link: TY progree. mother earth Sep 2012 #23

Real and nomninall money Mattias Sep 2012 #11

They were kind of, sort of, real surpluses progree Sep 2012 #12

National Debt Mattias Sep 2012 #29

And to add Mattias Sep 2012 #31