2 ms·
We were paying it off at the end of the 90s, some projections had the debt paid off in 10 years, but then Bush 2.0's tax cuts and 9/11 wrecked everything. (I c
by macintux 3y ago
We were paying it off at the end of the 90s, some projections had the debt paid off in 10 years, but then Bush 2.0's tax cuts and 9/11 wrecked everything.
(I could be off in some details, but I remember my despair when Greenspan gave Congress cover for supporting the tax cuts by testifying that it wasn't necessarily a good thing to be debt-free.)