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Politics : Stockman Scott's Political Debate Porch
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To: stockman_scott who wrote (4687)8/16/2002 3:22:20 PM
From: surfbaron  Read Replies (3) of 89467
 
Scott: you need a quick lesson in our debt. The so-called budget surplus manifested in this way. In 94 Rubin went to short rates with the debt, whacking 200B annually in interest. Clinton whacked the military another 200B. Just like that we had a so-called surplus. This new-found deficit is a result of untangling those stupid machinations.
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