the only president to ever pay off the national debt, was a Democrat. do you know who he was?
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the only president to ever pay off the national debt, was a Democrat. do you know who he was?
[QUOTE=waterdog101;482088]the only president to ever pay off the national debt, was a Democrat. do you know who he was?[/QUOTE]
President Clinton?
Jackson.....by selling off lands.
Clinton balanced the budget through "tricky math" but actually INCREASED our national debt.
Later,
Geo
I think the tricky math statement is really streching it. Clinton not only balanced the bugit but had a surplus at the time his term ended. Not only did he reduce the national debt but he had a plan in place to actually pay off the national debt.
Now tricky math is where G.W. and even Obama have excluded all of the cost for the wars in Afganistan and Iraq in bugit calculations.
[QUOTE=GeoFisher;482097]Jackson.....by selling off lands.
Clinton balanced the budget through "tricky math" but actually INCREASED our national debt.
Later,
Geo[/QUOTE]
Jackson also had the federal government assume all of the states forgin debt. This was the beginning of the US strong dollar and highest credit rating. This also brought the centraized currency in the US. He was very instramental in building the strong US economy that has endured the centuries.
As Paul Harvey would say and that's "the rest of the story"
Don't forget, Jackson marched all the Cherokee off to Oklahoma killing thousands, just so we could create Gatlinburg! :)
Who has been the worst or best (depending on your mentality:p) at increasing our National Debt?? Thats the real question.