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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: RealMuLan who wrote (59333)11/11/2006 3:22:49 PM
From: bart13  Read Replies (3) of 116555
 

Mr. Rubin served as Treasury secretary from 1995-1999 in the Clinton administration and helped end a string of budget deficits during that period, bringing the government into a brief surplus before it slipped back into deficits after President George W. Bush took office in 2001.


This is one of my favorite political/economic BS items.

There was no surplus in Clinton's 2nd term if you count off budget items and don't pay attention to the real deficit.

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