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Old 08-19-2020, 09:40 PM
  #110  
FXLAX
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Joined APC: Nov 2017
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Originally Posted by JoePatroni View Post
You understand the difference between "debt" and "deficit" right? Is it a "gimmick" if it is used EVERY time?

Yes, I understand the difference. And yes, it’s a gimmick if used every year. Although only Clinton has been espoused to have balanced the budget by the media. I’ve never heard of anyone else since then given credit for using that gimmick to “balance” the budget...ten years later.

I went back and edited my previous post to add the treasury department website showing how the debt has gone up every year. Again, mathematically, that can only happen if there is a deficit each year.
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