LogFAQs > #904072421

LurkerFAQs, Active DB, DB1, DB2, Database 3 ( 02.21.2018-07.23.2018 ), DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicU.S. debt lowest in six decades under Trump administration
Broseph_Stalin
06/27/18 3:51:28 PM
#23:


Antifar posted...
DevsBro posted...
Wasn't there some thing in the Clinton admninistration about how having lots of debt is good?

If there was (and I think that case can be made), the Clinton administration didn't act on it. They ran a surplus.


There was some concern at the time about paying off the debt because it would eventually end the US bond market. The government even wrote a report on it, but it was never published.

https://media.npr.org/assets/img/2011/10/20/LifeAfterDebt.pdf

Then Bush was elected and we never had to worry about being debt free.
... Copied to Clipboard!
Topic List
Page List: 1