Do you know when the US was last debt free?
Dodgerfan
2012/08/17 18:49:02
Well, the picture drops a big hint.
Read More: http://www.npr.org/blogs/money/2011/04/15/13542358...
Read More: http://www.npr.org/blogs/money/2011/04/15/13542358...
Second, there wasnt even a surplus. The government is able to fudge the numbers very easily. One method being the ability to rob trust funds such as social security to lower the deficit. Under clinton, it gave the appearance of a surplus. Under Bush, it halved the deficit.