Originally Posted by American View Post
There never was a Clinton surplus, it was fantasy.
Note the bolded part.
Social security? Whose talking about social security? I'm talking about the interest on the national debt. The national debt increased every single year Clinton was in office. The national debt increased every single year Clinton was in office.
You have no idea what my ideology is.
You can pick:
1. Clerical errors.
2. Massive conspiracy to "hide" fraud by putting it on a public website for anyone to easily find.
I pick sanity. You can pick paranoid lunacy if you want.
"Clerical errors" are the most common way of laundering and hiding money, did you know that?
No it didn't.
Clerical errors on a public website,
Really now?
FY1999: $5.656270 trillion
FY2000: $5.674178 trillion
FY2001: $5.807463 trillion
Debt to the Penny (Daily History Search Application)
Woops.
No, it did not.
Sorry sport this goes way beyond a simple clerical error it is a willful pattern of deceit for example the GAO just reported that 58,000 of these jobs supposedly saved by the stimulus package were supposedly from companies that didn't even receive stimulus money. THEY ARE MAKING UP THE NUMBERS, just like they made up this district. If this was a simple honest mistake there wouldn't have been no less than 440 fake districts in all fifty states, 4 territories, and Washington D.C.. If this was a simple honest mistake we wouldn't be seeing report after report overstating job numbers we would also be seeing reports understating job numbers but we don't, the errors are all in one direction.
I've explained this before.
These figures include "intragovernmental holdings" which aren't part of the deficit. They are money the government owes itself.
The deficit numbers don't lie. They clearly show the government took in more than it spent in FY2000, even when you include SS.
Yes, we would see report after report. Plenty of people don't know their congressional district. Measuring jobs created is very difficult. It's alot to account for. Get over it.
FY1999: $5.656270 trillion
FY2000: $5.674178 trillion
FY2001: $5.807463 trillion
Debt to the Penny (Daily History Search Application)
woops
Yep not a single report underestimating job numbers,
See above.
These are not the right numbers to measure deficits.
How do you know they are overestimated in the first place?
The national debt numbers don't lie, the intragovernmental holdings don't count because you say they don't? Give me a freaking break. Just because the government wants to play little accounting games by stashing away money doesn't mean that we still don't owe this money, and whats more we still pay interest on that debt. Sorry sport the national debt went up every single year Clinton was in office, saying "interest on the debt and off budget items don't count" is not a valid argument.
Well for example 58,000 of these supposedly save jobs were from companies that have since proven not to have received a single single stimulus penny.
Yep intragovernmental debt, interest on debt, and off budget items don't count because you say they don't. Save the Washington doublespeak.
Wrong.
There was very clearly a surplus, a real one. The government took in more money than it paid out that year. Whether you include SS or not. Even when you included interest payments. Simple math.
I've explained this before.
These figures include "intragovernmental holdings" which aren't part of the deficit. They are money the government owes itself.
The deficit numbers don't lie. They clearly show the government took in more than it spent in FY2000, even when you include SS.
Wrong Clinton just took money from other places to make it appear there was a surplus.
From post 82
For example, in 2000, Clinton claimed a $230B surplus, but Clinton borrowed
$152.3B from Social Security
$30.9B from Civil Service Retirement Fund
$18.5B from Federal Supplementary Medical insurance Trust Fund
$15.0B from Federal Hospital Insurance Trust Fund
$9.0B from the Federal Unemployment Trust Fund
$8.2B from Military Retirement Fund
$3.8B from Transportation Trust Funds
$1.8B from Employee Life Insurance & Retirement fund
$7.0B from others
Total borrowed from off budget funds $246.5B, meaning that his $230B surplus is actually a $16.5B deficit.
($246.5B borrowed - $230B claimed surplus = $16.5B actual deficit).
Not because I say so. The Treasury site explains the difference very clearly. Educate yourself. You are woefully ignorant of this stuff and it shows.
I am not saying interest on the debt and off-budget items don't count. They do. Clinton's surplus in FY00 included those. It was a surplus. More money came in than was spent. That is an undisputed fact.
Intragovernmental holdings means money one part of the government owes to another part.
It's like owing money from your savings account to your checking account. That's not really debt. Your figures include that. When you use only real debt - "debt held by the public" - then you see it went down. Debt held by the public is money the government borrows from the outside.
I repeat - the numbers show that in FY2000, the government took in more money than it spent, including interest payments and off-budget accounts like Social Security. Period.
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