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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
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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

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