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Nobody plans on paying the principal. Not even Clinton did this.
by anonymoushn 16y ago
Nobody plans on paying the principal. Not even Clinton did this.
- OstiaAntica 16y agoActually Clinton and the GOP Congress did pay down principal on the public debt for a couple of years in the mid/late 1990s. See: http://en.wikipedia.org/wiki/File:USDebt.png http://en.wikipedia.org/wiki/File:USDebt.png However, they still raided Social Security during this period.
- anonymoushn 16y agoAdjusting for inflation or calculating debt as a percentage of GDP allows you to say it has decreased, yes. In either case, the number of dollars owed has not decreased under Clinton. http://www.brillig.com/debt_clock/history.gif http://www.brillig.com/debt_clock/history.gif