Tuesday, January 27, 2009

Clinton Budgets Did Not Balance

I found this post, with information direct from the Treasury Department web site, to be most interesting.

Bill Clinton was president of the United States from 1993 to 2001 and although he made significant progress toward fiscal responsibility, he did not balance the budget. If you don’t believe me, (that means you CNN!), then kindly point out two consecutive years in the table above where the total US debt actually decreased from year to year.


According to the table at the link above, the US hasn't had a balanced budget since the Eisenhower Administration.

7 comments:

Neko said...

I am always angered by Liberals that tell you that Clinton left Bush with a budget surplus and then Dubya just wasted it. There was a "projected" surplus, but that isn't the same thing. (Especially when you considered the fact that the Dems immediately wanted to start using the "projected" surplus on more government programs.)

Chanman said...

Thank you for posting that info! I too am sick of the left's tales of Bill Clinton's budget surpluses. What a crock of crap. The only thing that makes me more sick is that W outspent Clinton.

Anonymous said...

http://www.factcheck.org/askfactcheck/during_the_clinton_administration_was_the_federal.html

Chanman said...

Hey Anonymous,
I can play the link game too!

http://www.craigsteiner.us/articles/16

allen (in Michigan) said...

http://www.craigsteiner.us/articles/16

For God's sake, it was Bill Clinton. The only constituency that got his undivided attention was in his pants.

Neko said...

Surely you've heard of the presidential staff. ^_^

Steve USMA '85 said...

Thanks for the craigsteiner link. That is the most concise and clear explanation of the situation I have seen.