"Gunner Asch" wrote in message
...
On 15 Oct 2007 07:31:04 -0400, Maxwell Lol wrote:

Gunner Asch writes:

Clintons "balanced budget" was the result of "projected revenues" that
if they had actually materialized..would have balanced the budget in 5
yrs.

No - those projections were on eliminating the national debt.

A balanced budget occurs when total revenues equal total outlays for a
fiscal year.

As shown in
http://www.brillig.com/debt_clock/faq.html
and adjusted for inflation, Clinton did this in 2000 and 2001.



Not when you hijack the Social Security money and use it as part of
your revenue total incomes to be applied towards the debt.

That's another red herring. As for the "unified budget" that mixes up SS
with general revenues, blame that one on Richard Nixon, 1970. Now the only
way to accumulate the "trust fund" is to pay down the national debt. Which
is what Clinton was doing.

SS income exceeded SS expenses in each year of Clinton's administration, and
the rate of income to the "trust fund" was increasing thoughout his second
term:

http://pw1.netcom.com/~rdavis2/ssfund.html

And, as several people, including you g have shown, Clinton did indeed
begin to pay down the national debt. Bush has run it up again.

Do you have any more blind alleys you want to try? If you could gang them
all up it would be a lot quicker to harpoon them all in one shot.

--
Ed Huntress