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

To: Little Joe who wrote (40659)	10/27/2008 6:46:25 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 149317

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. OH PLEASE. Look, I told you I had done a fair amt of work on this, so don't try to scam me or anybody else here. For the purposes of other people here, the debt has 2 parts. Half is the publicly held debt, that is the actual debt we owe. In my view that is all that matters. The OTHER PART is obligations that the US has to pay to (mostly) social security and medicare. That obviously adds to the DEBT, but it is such a massive, unattainable number that people like YOU, Little Joe, who are trying to claim that Clinton never created surpluses use the massively increasing entitlement payouts as "debt" which is such a ballooning number that no budget can create a surplus when you count in SS and Medicare. So, by using the debt the US owes to entitlements, PLUS the actual debt that is racked up, people like you can claim that Clinton never created a surplus and therefore imply that "Dumbya wasn't that bad". Give me a break.