Originally Posted by
ShaolinLueb
actually yeah i knew it only meant we took in more money then spending. but according to the clintons "plan" they had for budgeting, we would have been out of debt by 2012. read it in a book somewhere. can't find the book at all now. its lost to time.
but this plan was before 9/11. that wopuld have fucked it any which way.
you are correct. it was projected that if it continued on the same path the deficit would have ended in 2012. but as you noted projections=/=reality. even without 9/11 the dot com bubble had begun to burst in '99 and the housing market was already getting inflated. Clinton had a very admirable goal and he set about to achieve it. I just have some contentions with how he planned to do it. but that's a discussion for another time.