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   alt.politics.economics      "Its the economy, stupid"      345,374 messages   

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   Message 344,929 of 345,374   
   Scout to Mitchell Holman   
   Re: U.S. Debt on Pace to Top $56 Trillio   
   09 Jul 24 12:00:33   
   
   XPost: alt.fan.rush-limbaugh, talk.politics.guns   
   From: me4guns@verizon.removeme.this2.nospam.net   
      
   "Mitchell Holman"  wrote in message   
   news:XnsB1A9831A1CB61629555@185.151.15.160...   
   > "Scout"  wrote in   
   > news:v6h0fu$u25e$2@dont-email.me:   
   >   
   >>   
   >>   
   >> "X, formerly known as "!Jones""  wrote in message   
   >> news:ntni8j966dp9uc80gk0l50dc2m22vrjvhu@4ax.com...   
   >>> If this is a medical emergency, stop reading, log off, and dial 911!   
   >>>   
   >>>>I may be mistaken but if Clinton had four and Johnson had one ...   
   >>>   
   >>> It is very difficult to pin down the deficit to a clear value.  *I*   
   >>> believe that there were two years in the late '90s where the US had   
   >>> no deficit;   
   >>   
   >> We have always had a deficit.   
   >   
   >   
   >     Learn the differece between   
   > deficits and debts, it might save   
   > you from such embarrassing mistakes.   
      
   Well if we didn't have a deficit why wasn't the debt paid down?   
      
   See it's a pretty simple formula   
      
   Revenue - Expenditures = Surplus or Debt.   
      
   Is the National debt declined over the year we had a surplus, if the   
   national debt increased then it was a debt.   
      
   Oh, sure you can move money around and confuse the issue but in the end, you   
   either got enough in revenue to cover all expenses or you didn't.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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