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  1. #1
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    Re: National Debt

    Jackson.....by selling off lands.

    Clinton balanced the budget through "tricky math" but actually INCREASED our national debt.

    Later,

    Geo

  2. #2
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    Re: National Debt

    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.
    Last edited by kydonky; 02-29-2012 at 07:52 AM.

  3. #3
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    Re: National Debt

    Quote Originally Posted by GeoFisher View Post
    Jackson.....by selling off lands.

    Clinton balanced the budget through "tricky math" but actually INCREASED our national debt.

    Later,

    Geo
    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"

  4. #4
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    Re: National Debt

    Don't forget, Jackson marched all the Cherokee off to Oklahoma killing thousands, just so we could create Gatlinburg!

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