Do you know when the US was last debt free?

by Dodgerfan Posted 2012/08/17 18:49:02

More polls by Dodgerfan

Swampdog 2012/08/18 17:22:33

+1
During the 7th presidents term and he was a democrat. Also he was from Tennessee.

reply
Dodgerfan to Swampdog 2012/08/18 21:04:07

+1
I don't know about party affiliation but I do know he was conservative.

reply
Swampdog to Dodgerfan 2012/08/18 21:32:21

It was Andrew Jackson, the first governor of the state of Florida. He was a democrat, but in 1814 Democrats were then as they are now ultra conservative. They are the party that owned slaves.

reply
james.harper.758737 2012/08/17 23:50:16

during the Clinton administration

reply
Dan ☮ R... to james.h... 2012/08/18 00:59:19

+3
First of all, a surplus does not mean you are debt free. We were trillions in debt when clinton entered and exited office.

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.

reply
Swampdog to james.h... 2012/08/18 21:33:58

Clinton Balanced the budget, he was by and far never even close to paying off the National Debt. Good guess though.

reply
Wake The Sheeple 2012/08/17 21:51:25

+2
When Jackson killed the previous central banking cartel.

reply
Fallout 2012/08/17 18:55:10

When it was communist and the Indians owned it.

reply
Dodgerfan 2012/08/17 18:50:05

+3
He despised debt and the National Bank even more.

reply