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Politics : PRESIDENT GEORGE W. BUSH

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To: CYBERKEN who wrote (486014)11/3/2003 4:52:14 PM
From: jackhach  Read Replies (3) of 769667
 
I think your confusing the National DEBT with the Budgetary DEBT. The later was paid off and then some by Clinton and his staff (i.e., surplus -- while providing 20+ million jobs.) The former had been reduced, albeit slightly, under Clinton as well -- and was the first one to actually reduce the ND since Jimmy Carter.

In fact the Concord Coalition had to take down their well-known National Debt sign (real time calculator on huge billboard) in Times Square and elsewhere -- becuase it was not able to run/calculate backwards as it needed to the last two year's of the Clinton presidency when the National Debt finally started to fall. The ND is now back & growing faster then ever under Bush II.

Keep in mind that Carter left the White House with a $33 billion dollar budget debt which ballooned under Reagan/Bush to $350+ billion -- despite supposed economic growth in the raging 80s. This supposed growth paid NOTHING down -- just added more debt to the budget and to our children.

-JH
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