Re: National Debt

On Mon, Nov 14, 2022 at 1:39 PM GRANT wrote:
>
> Clinton's was the last administration to have a balanced budget year--even a surplus.  So, where did this 30+ trillion debt come from?

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From: John

Grant,

The national debt in 2000 was 5.7 trillion dollars.  Clinton did have a surplus, but it was somewhat artificial because of the dot-com boom.  When dot com went bust, so did the surplus.  

The extra 25 trillion was from 22 years of spending on all sides.

I prefer that the government spend within its means.  We have more government than we can afford.

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Best wishes,

John Coffey