Please learn to spell before you label someone a dumbass. It usually helps your credibility.Liberal-Sl@yer wrote:
just because u r a dumbass and u know im right dosent mean anything. The fact of the matter has regined that we have a had an enormous deffiecet every since the new deal. It has grown and grown and even in the clinton adminestration we had a 4 trillion dollar deficet.
http://www.libertydollar.org/graphics/h … aldebt.jpg
look were it was in 1993 wait 93 wasnt that when clinton was president?
just for ur info i hate both parties the 2 system party is destroing america republicans cant do shit because they dont know how same for the democrats
And yes, I know the national debt has been with us for quite some time. That's different from a budget deficit. A budget deficit only represents an annual debt that is added to the national debt. When the government spends more than it receives in taxes, it runs a budget deficit. When it spends less than it receives, it runs a surplus.
I hope those are simple enough terms for you to comprehend, since your post shows that you didn't know the difference between an accumulated debt and an annual deficit.