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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (53933)7/25/2011 12:54:05 PM
From: GROUND ZERO™  Read Replies (4) | Respond to of 103300
 
The real problem is odumbo... that so called "stimulus" was nothing but payoffs and bribes, it had nothing to do with America's economy... is there any surprise it failed?

GZ



To: DuckTapeSunroof who wrote (53933)7/25/2011 1:25:13 PM
From: joefromspringfield3 Recommendations  Read Replies (1) | Respond to of 103300
 
Buddy said:

"For example, LBJ and Congress (*not* a President I was ever fond of...) put a 10% INCOME TAX SURCHARGE on everyone to allow us to pay for the Vietnam War while we were fighting it. So we WOULD NOT add to the federal deficit. (He had balanced budgets)."

LBJ was president from 23 November 1963 thru 20 January 1969. Please provide data that shows a balanced budget for any year from 1964 thru 1968. It is my contention that he ran deficits all 5 years he was in office.

I show that the total debt went up every year he was in office.

The Public Debt Historical Information

06/30/1970 370,918,706,949.93
06/30/1969 353,720,253,841.41
06/30/1968 347,578,406,425.88
06/30/1967 326,220,937,794.54
06/30/1966 319,907,087,795.48
06/30/1965 317,273,898,983.64
06/30/1964 311,712,899,257.30
06/30/1963 305,859,632,996.41

treasurydirect.gov