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[–] ObscureReference 0 points 2 points (+2|-0) ago 

I have not heard that presented that way before, but will not say it is impossible or even highly unlikely. Show me more.
I remember the numbers dropping year by year after W started doing taxcuts, but am open to new ideas.

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[–] PinkoCommie 0 points 2 points (+2|-0) ago  (edited ago)

The debt increased every year he was in office. They showed a surplus because they changed the accounting. I went through it years ago, ugh, don't make me go through all that wonk again. It had to do with them counting social security surplus as federal revenue, thus showing a surplus, but it's a separate program from federal spending, only for the social security program, so they were able to show a surplus, and make a whole bunch of pointless noise about how fiscally responsible they were, but the debt still kept growing anyway.

The easiest way to demonstrate this is that, despite bragging about a surplus, the debt still kept on growing.

http://m6.i.pbase.com/g9/10/152510/2/152953276.6Bn3seS9.jpg

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[–] doubleherpes 0 points 0 points (+0|-0) ago 

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[–] ObscureReference 0 points 0 points (+0|-0) ago 

More creative accounting. Thanks for explaining it, probably yet again.