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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (40655)	10/27/2008 6:39:14 PM
From: Little Joe	Read Replies (1) \| Respond to of 149317

"Remember- debt that the US govt owes to ITSELF doesn't count." Nonsense. It is included when we calculate the national debt. There is a separate category for public debt, but that is not the debt. Look it really is simple. Do we the taxpayers have to pay the debt or not. If we do it is debt. Now unless you are telling me that Clinton had abslutely no intention of paying back the money borrowed from say the social security trust fund, then it is debt. Secondly there was then as there is now the off budget expenditures and I am sure that the Surpluses even using the phony political calculations that you favor, were not sufficient to pay off the Reagan debts, by which I assume you mean the deficits accumulated during the eight years of his presidency. Little joe