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RE: One of Few Things Growing as Fast as Health Care Co... - 12/19/2009 2:20:13 PM   
Sanity


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You might want to fix that link willbeur.

quote:

ORIGINAL: willbeurdaddy


Treasury Direct




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Profile   Post #: 81
RE: One of Few Things Growing as Fast as Health Care Co... - 12/19/2009 2:20:39 PM   
willbeurdaddy


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quote:

ORIGINAL: Brain


You’re right, he didn't have one year, he had two years that he paid down The National Debt.

Did and how much surplus did Bill Clinton leave the country with when he left office? - Yahoo! Answers

In the last 2 years of his administration, the US had back to back years of budget surpluses. A large payment was made to help pay down the debt but it was still around 5.7 trillion dollars. So for those years he had a surplus but by no means had he eliminated the nations debt. It went from around 4 trillion to almost 6 trillion while he was president.

Source(s):
http://www.cedarcomm.com/~stevelm1/usdeb…
http://archives.cnn.com/2000/ALLPOLITICS…
2 years ago

http://answers.yahoo.com/question/index?qid=20080128195329AAn3ElO


quote:

ORIGINAL: willbeurdaddy

quote:

ORIGINAL: Brain

The cumulative deficit has always been in deficit. What Clinton did was bring the annual deficit into a surplus in order to pay down the cumulative deficit. That's the way I understand it.

Over many years the United States has accumulated a significant cumulative deficit, in the trillions of dollars, I think it's around $10 trillion. Bill Clinton brought the annual budget into surplus and then started paying down that cumulative deficit and if George W. Bush had left things alone the country would be in a much better fiscal position without the Bush tax cuts.

What's really sad for me is if they pass real healthcare reform with the public option or give Medicare to everyone regardless of their age, the financial position of the country will also improve significantly. The value of health-care stocks would decline but people should be diversified in their investments, they should not have everything in healthcare companies.

Also, the money to be saved by ending the wars in Iraq and Afghanistan would help improve the country's finances. Staying over there isn't accomplishing enough and even if it is, it's just way too much money.

If it were me I would get the military out as soon as possible from Afghanistan and leave some undercover people to loiter around there in disguise and maybe they can find out where bin Laden is hiding; it wouldn’t surprise me if he’s in a mosque in Afghanistan or Pakistan somewhere.



Once again, Clinton did not have one year where the "cumulative deficit" (actually called the National Debt) was paid down.




First two links are bad, the yahoo answer on top is wrong. Here is the correct answer from your own link, and you can go to the source in my post, the Treasury.

"While not defending the increase of the federal debt under President Bush, it is aggravating seeing Clinton's record promoted as having generated a surplus. It never happened. There was never a surplus and the cold hard facts support that position. In fact, far from a $360 billion reduction in the national debt in FY1998-FY2000, there was an increase of $281 billion.""


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Profile   Post #: 82
RE: One of Few Things Growing as Fast as Health Care Co... - 12/20/2009 12:16:06 AM   
Brain


Posts: 3792
Joined: 2/14/2007
Status: offline 		As per Sanity,

You might want to fix that link willbeur.


quote:

ORIGINAL: willbeurdaddy


Treasury Direct


(in reply to willbeurdaddy)
Profile   Post #: 83
RE: One of Few Things Growing as Fast as Health Care Co... - 12/20/2009 12:20:02 AM   
willbeurdaddy


Posts: 11894
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quote:

ORIGINAL: Brain

As per Sanity,

You might want to fix that link willbeur.


quote:

ORIGINAL: willbeurdaddy


Treasury Direct




Cant edit it any longer. Here is the correct one...if I can cut and paste as well as you ;)

Treasury Direct

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Profile   Post #: 84
RE: One of Few Things Growing as Fast as Health Care Co... - 12/20/2009 1:38:59 PM   
willbeurdaddy


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quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: Brain

As per Sanity,

You might want to fix that link willbeur.


quote:

ORIGINAL: willbeurdaddy


Treasury Direct




Cant edit it any longer. Here is the correct one...if I can cut and paste as well as you ;)

Treasury Direct


Strange how they disappear on a topic when you prove them wrong and they can't find any semantic spin to explain their error.

(in reply to willbeurdaddy)
Profile   Post #: 85
RE: One of Few Things Growing as Fast as Health Care Co... - 12/20/2009 2:25:58 PM   
Rule


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quote:

ORIGINAL: Silence8
The tax code should be progressive, and not in brackets. It should be... maybe... parabolic?

Good idea. I have cherished a similar idea since the mid-80s: exponential.

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Profile   Post #: 86
RE: One of Few Things Growing as Fast as Health Care Co... - 12/20/2009 2:26:40 PM   
Brain


Posts: 3792
Joined: 2/14/2007
Status: offline 		That website really doesn't tell me much. I don't remember which years were in surplus and what the dates were. I don't know what to put in there. Contrary to what some people may think, I'm not a computer and I don't have a photographic memory either.

http://www.google.ca/search?sourceid=navclient&ie=UTF-8&rlz=1T4GGLL_enCA333CA333&q=bill+clinton+budget+surplus

I did a search on Google using the words of Bill Clinton and surplus and numerous hits came back.

I also found the two paragraphs below on the Bloomberg website regarding this entire matter:
Snow said the Clinton surplus was inflated by a stock-price bubble and that Bush will be remembered for cutting the gap from a record $412 billion in the 2004 fiscal year.

``Snow's comment would be laughable if it weren't so pathetically and obviously inaccurate,'' said Thomas Mann, a political analyst at the Brookings Institution, a policy research group in Washington. Colleague William Gale, who worked on the Council of Economic Advisers under President George H.W. Bush, said calling members of the current administration ``deficit-fighters is completely at odds with all of their policies.''

So what this tells me is I can talk until I'm blue in the face or until the cows come home and whatever else way we want to put it, but I'm wasting my time because you'll never admit the truth, which is that Bill Clinton had two years of budget surpluses he used to pay down the national debt or cumulative deficit.

My mother would put it this way, “ You can knock on a deaf man's door all you want; he won't answer it.” And this expression is for someone exactly like you. And I wanted to close by saying you're engaging in revisionist history and in my opinion I suppose I know you a little better now so I would say you're probably one of the use modern-day neocons like Paul Wolfowitz who said the Iraqis would pay for the war with oil revenues, yeah right.

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RE: One of Few Things Growing as Fast as Health Care Co... - 12/20/2009 10:09:11 PM   
mcbride


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quote:

ORIGINAL: willbeurdaddy
No, it wasnt in surplus annually under Clinton, in fact there was never a budget surplus. Thats been debunked already. The deficit didnt decline in a single year he was in office.

quote:

ORIGINAL: willbeurdaddy
Once again, Clinton did not have one year where the "cumulative deficit" (actually called the National Debt) was paid down.

quote:

ORIGINAL: willbeurdaddy
Strange how they disappear on a topic when you prove them wrong and they can't find any semantic spin to explain their error.


Did you disappear?  Or did you mean your working links?

Me, I was trying to keep quiet for you.  You changed, quite abruptly from claiming no end to deficits under Clinton, (in spite of what the Congressional Budget Office, the US Treasury or the non-partisan FactCheck.org all show) to claiming that you're talking about the "cumulative deficit".

I don't think anyone noticed.  Mum's the word.  Shh.

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Profile   Post #: 88
RE: One of Few Things Growing as Fast as Health Care Co... - 12/21/2009 8:41:39 AM   
willbeurdaddy


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quote:

ORIGINAL: Brain

That website really doesn't tell me much. I don't remember which years were in surplus and what the dates were. I don't know what to put in there. Contrary to what some people may think, I'm not a computer and I don't have a photographic memory either.



So what this tells me is I can talk until I'm blue in the face or until the cows come home and whatever else way we want to put it, but I'm wasting my time because you'll never admit the truth, which is that Bill Clinton had two years of budget surpluses he used to pay down the national debt or cumulative deficit.




So first you plead ignorance on what to even look for, and then you proclaim that Im wrong about it.

Youre a fucking idiot, and now on ignore. Clinton never had a surplus. Period. Learn to talk about something you are at least willing to research.

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Profile   Post #: 89
RE: One of Few Things Growing as Fast as Health Care Co... - 12/21/2009 8:46:10 AM   
willbeurdaddy


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quote:

ORIGINAL: mcbride


quote:

ORIGINAL: willbeurdaddy
No, it wasnt in surplus annually under Clinton, in fact there was never a budget surplus. Thats been debunked already. The deficit didnt decline in a single year he was in office.

quote:

ORIGINAL: willbeurdaddy
Once again, Clinton did not have one year where the "cumulative deficit" (actually called the National Debt) was paid down.

quote:

ORIGINAL: willbeurdaddy
Strange how they disappear on a topic when you prove them wrong and they can't find any semantic spin to explain their error.


Did you disappear?  Or did you mean your working links?

Me, I was trying to keep quiet for you.  You changed, quite abruptly from claiming no end to deficits under Clinton, (in spite of what the Congressional Budget Office, the US Treasury or the non-partisan FactCheck.org all show) to claiming that you're talking about the "cumulative deficit".

I don't think anyone noticed.  Mum's the word.  Shh.



Ahhh, finally the semantic bullshit comes out of the closet.

I changed nothing. I was commenting that "cumulative deficit" is not a commonly understood or accepted term, not using it or saying anything about it. I was and always was talking about the TOTAL NATIONAL DEBT.

Unlike your bullshit references that are to PUBLIC DEBT only.

At least you get an A+ in the DomKen Class of obfuscation.

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Profile   Post #: 90
RE: One of Few Things Growing as Fast as Health Care Co... - 12/21/2009 10:45:19 AM   
willbeurdaddy


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quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: Brain

That website really doesn't tell me much. I don't remember which years were in surplus and what the dates were. I don't know what to put in there. Contrary to what some people may think, I'm not a computer and I don't have a photographic memory either.



So what this tells me is I can talk until I'm blue in the face or until the cows come home and whatever else way we want to put it, but I'm wasting my time because you'll never admit the truth, which is that Bill Clinton had two years of budget surpluses he used to pay down the national debt or cumulative deficit.




So first you plead ignorance on what to even look for, and then you proclaim that Im wrong about it.

Youre a fucking idiot, and now on ignore. Clinton never had a surplus. Period. Learn to talk about something you are at least willing to research.


Actually, thinking more about it, you arent a fucking idiot. I retract that and apologize, although aplogizing to a bot is a bit of an oxymoron. You are a brainless bot, taught to cut and paste and then throw back repetitive quotes that do nothing but cut and paste what others have said in response to the mindless crap you disseminate. That we even thought you were human momentarily is proof that the Turing test is an inadequate standard for artificial intelligence.

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Profile   Post #: 91
RE: One of Few Things Growing as Fast as Health Care Co... - 12/21/2009 1:14:08 PM   
mcbride


Posts: 333
Joined: 1/14/2005
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quote:

ORIGINAL: willbeurdaddy

Ahhh, finally the semantic bullshit comes out of the closet.

I changed nothing. I was commenting that "cumulative deficit" is not a commonly understood or accepted term, not using it or saying anything about it. I was and always was talking about the TOTAL NATIONAL DEBT.

Unlike your bullshit references that are to PUBLIC DEBT only.



My bullshit references simply quote the Congressional Budget Office, and the US Treasury which are both quite clear on the fact of the Clinton surplus.  There's a huge difference between a deficit and a cumulative deficit, as you know, and anyone who doesn't know your methods can scroll back and see that you switched. Semantic bullshit, indeed.

Have a nice day.

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Profile   Post #: 92
JustRE: One of Few Things Growing as Fast as Health Car... - 12/22/2009 9:15:13 AM   
Brain


Posts: 3792
Joined: 2/14/2007
Status: offline 		Bill Clinton had two years of surpluses and you can call me whatever you want but it doesn't change that fact. It's common knowledge and commonly accepted that he had two years of annual budget surpluses. I believe those surpluses were used to pay down the cumulative deficit or national debt. When you called me a fucking idiot, I just did what you say to me sometimes which is, LMAO. Sorry I got you mad but what you're saying just doesn't make any sense. And if it's true why isn't it on all the websites, like CNBC, Bloomberg and the Wall Street Journal's and everything else. Why do I have to go to this particular website you direct me to and enter dates when Bill Clinton allegedly had surpluses and left office. Why isn' t that information readily available? Why do I have to go to this tedious process? So I'm supposed to believe they're all stupid like I am?

Another thing, if what you say is true what did Clinton do with all the money. If he didn't use the surplus to pay down the debt where did the money go? You're going to tell me there was no surplus and he didn't pay down the debt with nothing. I just don't believe it. I can see why other people have had issues with you in the past but I have to tell you discussing this matter has been fun; not that you're going to read this because I'm on it ignore. Just to be a gentleman I will say that I could be wrong but I think the probability is extremely Unlikely unlikely.

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Profile   Post #: 93
RE: JustRE: One of Few Things Growing as Fast as Health... - 12/22/2009 10:55:21 AM   
tazzygirl


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Status: offline 		http://news.bbc.co.uk/2/hi/411973.stm

For the first time in 25 years, the US Government plans to reduce the size of the national debt.
The news represents a transformation of the US budget position, after struggling with huge deficits for most of the last decade.



US Treasury Secretary Summers wants to cut the debt
And it comes as a riposte to Republican plans to use the budget surplus to fund more tax cuts.

The last time the US tried to reduce its debt was in 1972.

It now says it will begin repurchasing Treasury bonds before they fall due, as early as next February, cutting back on the $3.6 trillion (£2.4 trillion) it owes to the public.



Treasury Secretary Lawrence Summers said that "reducing the supply of Treasury debt held by the public brings enormous benefits for our economy".

He argued that savings could be used instead for more productive investment in factories, while reducing the total amount of debt would help cut interest rates.

But the repurchase scheme will not begin until after a consultation to consider "a number of complex issues that will need to be worked out".

..........

My question... and im not debating IF we had an increase or decrease in debt. Did this buy back ever occur?

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RE: JustRE: One of Few Things Growing as Fast as Health... - 12/22/2009 12:30:28 PM   
Brain


Posts: 3792
Joined: 2/14/2007
Status: offline 		This is the only article I could find about addressing the budget deficit. It's good to know somebody is thinking about a plan to do it but what I read was vague. I guess I'll have to download the PDF file and read that too; I hope it's more specific.

A Path to Balance

A Strategy for Realigning the Federal Budget
http://www.americanprogress.org/issues/2009/12/path_to_balance.html

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Profile   Post #: 95
RE: One of Few Things Growing as Fast as Health Care Co... - 12/22/2009 3:16:53 PM   
Moonhead


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quote:

ORIGINAL: willbeurdaddy
Actually, thinking more about it, you arent a fucking idiot. I retract that and apologize, although aplogizing to a bot is a bit of an oxymoron. You are a brainless bot, taught to cut and paste and then throw back repetitive quotes that do nothing but cut and paste what others have said in response to the mindless crap you disseminate. That we even thought you were human momentarily is proof that the Turing test is an inadequate standard for artificial intelligence.

You don't have a lot of self awareness, do you Wilbur?

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Profile   Post #: 96
RE: JustRE: One of Few Things Growing as Fast as Health... - 12/22/2009 3:48:28 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
Status: offline 		Yes, there was a very small reduction in the public debt in FY2000. Note that the link specifically refers to the public debt. The decrease in public debt was more than offset by the increase in intergovernmental debt, so the total debt (what the national debt clock shows and what normal people look at, 12 trillion+ today).

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Profile   Post #: 97
RE: One of Few Things Growing as Fast as Health Care Co... - 12/22/2009 3:50:44 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
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quote:

ORIGINAL: Moonhead


quote:

ORIGINAL: willbeurdaddy
Actually, thinking more about it, you arent a fucking idiot. I retract that and apologize, although aplogizing to a bot is a bit of an oxymoron. You are a brainless bot, taught to cut and paste and then throw back repetitive quotes that do nothing but cut and paste what others have said in response to the mindless crap you disseminate. That we even thought you were human momentarily is proof that the Turing test is an inadequate standard for artificial intelligence.

You don't have a lot of self awareness, do you Wilbur?


Quite a bit..in fact total self-awareness. Massive doses of LSD do that for ya.

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Profile   Post #: 98
RE: One of Few Things Growing as Fast as Health Care Co... - 12/22/2009 4:04:16 PM   
Moonhead


Posts: 16520
Joined: 9/21/2009
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quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: Moonhead


quote:

ORIGINAL: willbeurdaddy
Actually, thinking more about it, you arent a fucking idiot. I retract that and apologize, although aplogizing to a bot is a bit of an oxymoron. You are a brainless bot, taught to cut and paste and then throw back repetitive quotes that do nothing but cut and paste what others have said in response to the mindless crap you disseminate. That we even thought you were human momentarily is proof that the Turing test is an inadequate standard for artificial intelligence.

You don't have a lot of self awareness, do you Wilbur?


Quite a bit..in fact total self-awareness. Massive doses of LSD do that for ya.

If you see nothing in common between your approach to the boards and your description of Brian, then I'm afraid you aren't half as self aware as you suppose. Sorry.

_____________________________

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Profile   Post #: 99
RE: One of Few Things Growing as Fast as Health Care Co... - 12/22/2009 4:49:02 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
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quote:

ORIGINAL: Moonhead


quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: Moonhead


quote:

ORIGINAL: willbeurdaddy
Actually, thinking more about it, you arent a fucking idiot. I retract that and apologize, although aplogizing to a bot is a bit of an oxymoron. You are a brainless bot, taught to cut and paste and then throw back repetitive quotes that do nothing but cut and paste what others have said in response to the mindless crap you disseminate. That we even thought you were human momentarily is proof that the Turing test is an inadequate standard for artificial intelligence.

You don't have a lot of self awareness, do you Wilbur?


Quite a bit..in fact total self-awareness. Massive doses of LSD do that for ya.

If you see nothing in common between your approach to the boards and your description of Brian, then I'm afraid you aren't half as self aware as you suppose. Sorry.


I see. So the majority of my posts are cutting and pasting links, giving and expressing little about my own views.

Youre a fucking moron too.

(in reply to Moonhead)
Profile   Post #: 100
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