National Debt When Jimmy Carter arrived at the White House<quoted text>
Hate to poop on your rainbow parade Oprah but our country has not had a surplus in 54 years. I know the democrats have convinced you that Clinton had a surplus so you morons would accept that falsity and repeat it until the dumb ass masses believed it but if you had half a brain cell you could do the math and would see you are a dumb ass. lol The deficit has to decrease in order to have a surplus. The last time that happened in our country was 54 years ago. Was Clinton president 54 years ago? Well, I'm sure you can be convinced that he was, so never mind, dummy.
Has it ever occurred to you to actually think for yourself and reason with yourself about articles you read? You read them and because some moron on the internet told you it's true you just go with it. Educate YOURSELF fool!
Oct 13, 2008 / http://tinyurl.com/3l7rbx /$660 billion./
Added during Carter's four years:$337 billion.
Added during Ronald Reagan's eight years:$1.6 trillion.
Added during George H. W. Bush's four years:$1.6 trillion.
Added during Bill Clinton's eight years:$1.5 trillion.
Added during George W. Bush's seven years, nine months:$4.5 trillion.
Portion of the $9.5 trillion added to the national debt during the past 31 years and seven months that came during Republican presidencies:$7.7 trillion.
Percentage of that $7.7 trillion added during George W. Bush's two terms: 58%.
Could somebody explain again what "fiscal conservative" means
Increases in the National Debt / http://tinyurl.com/cywk2h
Greenspan Concedes He `Found a Flaw' in His Free-Market Ideology
Oct. 23 (Bloomberg)-- Former Federal Reserve Chairman Alan Greenspan, under a grilling from lawmakers at a congressional hearing today, conceded a flaw in his free-market ideology that contributed to a ``once-in-a-century credit tsunami.''
``Yes, I found a flaw,'' Greenspan said in response to questions from to the House Committee on Oversight and Government Reform.``That is precisely the reason I was shocked because I'd been going for 40 years or more with very considerable evidence that it was working exceptionally well.'' http://tinyurl.com/5ea9ng
Greenspan said he was ``partially'' wrong in his opposition in recent years to the regulation of derivatives. He said in a May 2005 speech that ``private regulation generally has proved far better at constraining excessive risk-taking than has government regulation.''
Committee Chairman Henry Waxman, a California Democrat, said Greenspan had ``the authority to prevent irresponsible lending practices that led to the subprime mortgage crisis.''
``You were advised to do so by many others,'' he told Greenspan.``And now our whole economy is paying the price.''