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Originally Posted by irishgrl
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Considering that we didnt have a deficit at ALL when the Shrub took office, Im sure you'll understand if I dont clap  . . . . |
Well, that was more a projected number than actual cash in the bank and the US still had outstanding debt and lots of it when W took office
Moreover and though many are loathe to admit it, the US was at the beginning of a recession when W took office and Clinton's projected surplus was built mostly on fraud that he failed to catch. So, Clinton get's no applause either as far as I am concerned, though the economy for the most part was better in general under him even considering the fraud. Also, it is a little unfair to lay all of the wasting of the "alleged" surplus (again, it was built mostly on the fiction of Enron, MCI, the tech boom, etc. ) on W because 9/11 did happen and it probably would have happened under any regime and 9/11 caused major damage to the already faltering economy.
Anyway - there's my rant and I am happy the economy is getting better overall.