Quote:
Originally Posted by sunman
Dan40
The "surplus" is the difference between taxes collected and money spent by congress in the bills they approve per year.
The interest on the national debt is added to the national debt, thats why it goes up even with a surplus.
Surplus/ deficit and national debt are two different things.
We pay interest to banks in places like communist dictatorship China. A huge payment is due soon. Unless we print more money we can't make it.
I am the one that brought up the "surplus". I am not a "liberal". I am a American, Air Force lifer, retired. Why do you divide people you don't even know into conservative and liberal?
Like we are taught in the military "DIVIDE AND CONQUER".
Sunman
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Don't want to be painted with a liberal brush? Don't post liberal nonsense. National debt higher in any following year means there was no surplus. If you're not a liberal, don't cite liberal creative math.
OWE more, no surplus, owe less, surplus. Seems easy enough.