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Everything Else / Re: Check this out....
« on: September 20, 2008, 03:34:14 AM »And yet, somehow under Clinton's rule (and this was not all, and very likely not even mostly, his doing), we still had the highest period of economic expansion. So, I'm sure you can see how I'm willing to say, "In the beginning it might have been a slump, but he had to work with what he was given" (just as you are doing with Bush and the terrorism). Also, I'm sure you can see how I look at Clinton handing over a country with the highest surplus in American history (at least so is what I have been told), and getting from Bush the biggest deficit in American history.
I could be wrong, but what I remember happening is that Clinton and Congress dead-locked on the budget for several months. Resulting in the shutdown of all non-essential government services, that is unfortunately the only time our government have shown a profit. I not to sure on the deficit though. All I know is that it has been a problem since the 70's. On the other hand this book I'm reading, Founding Brothers, actually puts the date at about 1790 and that we have never paid off our debt since.