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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (131638)	2/5/2001 11:53:14 PM
From: Joe NYC	Read Replies (2) of 1570745

Scumbria, All of the debt accumulated after 1981 (about $5 trillion) is directly attributable to Reagan's 1982 budget. Clinton would have been in the black all eight years if he didn't have to pay $300 billion/year in interest payments. Very creative. Please include this peace of fiction whenever you mention the $5 trillion in reference to Reagan, because some people might be confused and think that your statements are based on facts. Did you calculate how much (if at all) would the budget be in deficit if we didn't have to pay the interest (at high rates) during Reagan years (to be consistent)? BTW: Carter proposed a balanced budget for 1982. Too bad he lost. Clinton and Democrat Congress proposed a balanced budget for 2002. Good thing that we threw out them out and got a balanced budget years ahead of schedule. BTW, if you noticed all the budget proposals during the Democrat Congress years had a balance number of years in the future, but not the current year. Joe

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