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How to get the federal deficit under control
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General information
Forum:
Politics
Category:
Economics
Miscellaneous
Thread ID:
00880812
Message ID:
00882586
Views:
79
>>>I think with that analogy, it may be more applicable to say that although your debt went up a net $25, it had been going up by a much faster amount before. And in that time period, you took in more than you spent for the first time in a long time, and used some of that surplus to pay your debt.
>>
>>You still can not shift debt to another category or place and say you have paid down the debt. That's the old ponzie [sp?] scheme that they also play with Social Security. I will agree the the publicly held debt was reduced but by dubious means. The intragovernmental debt still has to be paid for as well. This just shows the extent the news media and Clinton revisionists have spun his legacy to at least show he reduced the public debt while conveniently omitting how this was accomplished.
>
>Where are you getting this idea that debt was shifted from one category to another? How was paying the public debt "dubius"?

It is dubious because that is not how it has been presented by the news media and the Democrats expounding upon the Clinton budget legace. It has been presented as the National debt and NOT the public National debt. How convenient to omit the rest of the debt that when considered actually increased the total National debt. You don't think intergov debt has to be paid back?
Mark McCasland
Midlothian, TX USA
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