The Derp
Gold Member
- Apr 12, 2017
- 9,620
- 661
- 205
- Banned
- #381
That's what I said. You count it double.
No you fucking don't.
Sigh...
I mean at this point...I don't even know what more to say other than you're a fucking idiot who has no idea what the fuck you're talking about.
You said there was no deficit.
That means you are counting taxes as general revenue because without the social security taxes, there was a deficit
Even though you netted social security taxes against revenue, you're counting them as a trust fund.
1+1=2. You didn't know that, LOL. And I called you an idiot. Nailed it ...
And again, by claiming we had a surplus at all means you have to ignore unfunded liabilities. That's like saying you didn't have a deficit because you're ignoring that the balance on your credit cards went up by more than you saved
There was no deficit! The meme that Healthmyths posted even showed there were budget surpluses from 1998-2001.
Now you're changing the parameters of your argument again to whine about "unfunded liabilities" and how that somehow invalidates the actual budget surpluses Clinton ran from 1998-01 that paid down Public Debt.
Do I need to show you actual Treasury Statements showing a decline in Public Debt? OK, don't say I didn't warn you...
Monthly Statement on the Public Debt, December 1999
Total Public Debt Outstanding: $5,776,091,000
Monthly Statement on the Public Debt, December 2000
Total Public Debt Oustanding: $5,662,216,000
So is $5,776,091,000 > or < $5,662,216,000?
The only way that the Public Debt could be reduced is if the government runs a budget surplus. That's the only way it can happen. So since Clinton reduced public debt as noted above, that means that there was a budget surplus.