Current Events — HabitableZone

Current Events » in reply to Wow That's 10% of The 10 trillion Surplus that Evaporated Under Bush

It Was A Much Published Multi-year Total

Clinton ended with a single year surplus of 559 billion. The projection over several years was to have totaled trillions. Bush used this to justify tax cuts, never minding that we still had a large national debt we were servicing and at the time he proposed it in the campaign the fed was trying to slow the economy to prevent inflation. He morphed it into a stimulous only after the economy turned sour. Didn't realize you guys had gone senile.

Regards,
Mark

Log in or register to post.

The whole thread (8 posts)