> In 1992, Greenspan convinced Clinton to cut government spending to lower interest rates and grow the economy, the opposite of Clinton's original intentions as

> In 1992, Greenspan convinced Clinton to cut government spending to lower interest rates and grow the economy, the opposite of Clinton's original intentions as president. Clinton didn't cut total spending at any time during his 8 years. (He did cut defense, but spent that money, and more, elsewhere.) The rate of increase may have decreased somewhat after 94, when the Dems lost both the House and Senate. http://www.factcheck.org/2008/02/the-budget-and-deficit-under-clinton/ http://www.factcheck.org/2008/02/the-budget-and-deficit-unde... shows that the deficit reduction trend started a couple of budget cycles before Clinton's first budget. Note that none of this counts unfunded liabilities. They erase much of the Clinton surplus.