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Politics : View from the Center and Left

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To: Stan J. Czernel who wrote (83414)9/10/2008 5:43:31 PM
From: Steve Lokness  Read Replies (1) of 542907
 
Stan;

I'm talking Deficit - not Debt. Clinton did generate a surplus - which could have been used to cut the Debt

This only works if you think the interest on the debt doesn't count. It's like saying in your own life that you have a suplus because you don't count the interest on your mortgage. To suggest that interest doesn't exist in your mortgage or the national debt is to live in make believe land. It is the same as playing games with the money spent on the war in Iraq pretending it doesn't count. ....Well of course it counts as does the money needed to pay the interest on the money we owe.

steve
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