Beta
×

Welcome to the Slashdot Beta site -- learn more here. Use the link in the footer or click here to return to the Classic version of Slashdot.

Thank you!

We are sorry to see you leave - Beta is different and we value the time you took to try it out. Before you decide to go, please take a look at some value-adds for Beta and learn more about it. Thank you for reading Slashdot, and for making the site better!

Comments

top

Obama Says 3% of GDP Should Fund Science Research And Development

Angry Black Man Re:Administration (753 comments)

I'm sure the lads at the Congressional budget office
also wrote their data to favor clinton (*rolls eyes*). Theres a difference between debt and deficit. Clinton, in his final years, is the only president not to have a deficit in recent history. That means money could actually be put to paying interest without having to borrow more money. Whether he covered principal or not doesnt matter.

Yes, if you are already in debt and you make just as much as you spend, you can still end up further in debt. Thats how interest works.

When inflation skyrockets, the real debt goes down anyway.

more than 5 years ago
top

Obama Says 3% of GDP Should Fund Science Research And Development

Angry Black Man Re:Administration (753 comments)

Look at the Congressional budget office historical links:

www.cbo.gov/budget/data/historical.pdf ..

The only time there was a budget SURPLUS (meaning we made more than we spent) in recent history is under Clinton.

more than 5 years ago

Submissions

Angry Black Man hasn't submitted any stories.

Journals

Angry Black Man has no journal entries.

Slashdot Login

Need an Account?

Forgot your password?