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john...@gmail.com> wrote this crap:
>On Monday, April 29, 2013 11:50:36 PM UTC-4,
Horva...@net.net wrote:
>> On Mon, 29 Apr 2013 14:15:49 -0700 (PDT), "John B."
>>
>> <
john...@gmail.com> wrote this crap:
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>> >> It went up a tiny bit in FY 1999/2000. I had thought that it actually
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>> >> dropped that year instead. Either way, it is utter hogwash that Clinton
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>> >> left us a surplus.
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>> >When Clinton left office, there was a surplus in the federal budget.
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>> >That is a simple fact, acknowledged by GW Bush, who decided to give it
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>> >back to the taxpayers in the form of $600 checks.
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>> I explained this before but you weren't smart enough to get it. I'll
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>> try again. Slick Willie borrowed money to cover the budget. But he
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>> listed it as income. Since it was borrowed money the debt went up. It
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>> wasn't really income, but it made it appear that he had a surplus.
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>> Let me put it in words that even you can understand. Say you make 50K
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>> a year, but you spend 55K. You need 5K to cover your bills. You go
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>> out and borrow 10k. Now you tell your wife you have 5k left over, a
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>> surplus 5k. Then you go out and buy a fishing boat.
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>This is completely wrong. The government borrows money all the
>time, every day. You're claiming that Clinton borrowed money and
>deposited it in the Treasury to create the illusion of a surplus.
No. I gave you the facts. Borrowing increased during the Clinton
years. You can look this up. The numbers don't lie under oath, as