As proof, go to www.treasurydirect.gov – you’ll see that on 9/30/92, before Slick Willie took office, the national debt stood at $4.1 trillion. When Slick Willie left office in 2000, the national debt stood at $5.7 trillion. Every year Slick Willie was in office, the national debt went higher. When the Republicans wanted to cut spending, Clinton caused a gov’t shutdown. Now his left leaning supporters in the media are repeating the lie that Clinton reduced the national debt. As you can see from the web site, its just not true. Here’s all the years of the national debt: http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt.htm – this is from the treasury itself.
Great. Now it’s 9 trillion.
You are correct sir !
And the “spin” goes on for those that want to believe the lies the candidate tells. Thanks for posting this information. Clinton was NOT a good President in my opinion. I wish more people would find the actual facts. How can we get this information out to the majority, since no one, and I mean no one is listening.
LOL … it’s like telling children there is no Santa Claus … They don’t care about logic or truth … get ready for the vitriol attack….
Actually Clinton did pass budgets with a slight surplus. Unfortunately that surplus was less than the interest due on the national debt, which is why there was no reduction in the debt. As for the government shutdown, Newt Gingrich is at least as responsible for that as Bill Clinton is. Compromises go both ways, so please don’t blame only one side when they fail.
The national debt has nothing to do with the budget. He did create a budget surplus, which means less was spent than what was brought in.
You should really understand the difference before posting something like this again.
You need to get your terminology straight. Clinton did have budget surpluses but the debt got higher due to interest accrued on past debt.
Budgets are year to year financial statements. Debt is a cumulative statement.
It is true that the debt increased by about $30 million the last couple years of Clinton’s term but that is NOTHING compared to Bush’s $650 billion per year. (That’s a 20,000 times increase if your math is as weak as your vocabulary.)
To put it in perspective it is the difference of ten cents per person and over $2000 per person per year.
Here’s a web site which spells it out. The myth that Clinton had surpluses is a joke. It shows how leftist the mass media is.
http://www.letxa.com/articles/16
It went up because while we had a yearly budget surplus, it was due to the fact we borrowed from the social security fund, which is an off balance sheet item, which in time caused an increase of our national debt. Our debt will continue to grow because the American Public wants low taxes and high government spending. If you raise taxes we yell and if you cut services they yell. What they fail to realize is that the bill will someday come due which will result in enoromous tax rates to the tune of 50-60% or massive service interruptions, but most Americans can’t see beyond the next week let along the day this will hit in a few decades. So don’t blame politicians, they are doing exactly what we want and mirror our personal lives where we as Americans are living in debt.
Of course, but he certainly came closer than any president in recent memory. And, by the way, this kind of talk disparages the work of Republicans like John Kasich who had a great deal to do with the falling “Clinton” deficits.
i believe the correct terminology is deficit so they are right when they say clinton eliminated the deficit. if it were false the republicans who are smarter than you would be all over it.
You get an F for effort because even stupid people are aware of the republican spin machine.
below is the link with a good explanation of the difference and proves your question or RANT is false.
You are confusing debt and deficit.