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US national debt
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<blockquote data-quote="av8torntn" data-source="post: 859758" data-attributes="member: 8259"><p>I always found it amusing that even though the national debt kept going up Clintonites kept claiming there was a surplus. In fact the national debt has gone up over 50 years in a row. If there were a surplus there would have been no need to borrow more money. The only truth here is that "fact"check.org is a very biased site that the leftists love to use. </p><p></p><p>What is even more horrifying is that our government claims we now have 14 trillion in debt. The actual number is much higher as this does not include the trillions(6-9) in debt that has been backed by Congress over the years (freddie, fannie, and sallie types). If you then add in "unfunded liabilities" that could be as much as another 100 trillion.</p></blockquote><p></p>
[QUOTE="av8torntn, post: 859758, member: 8259"] I always found it amusing that even though the national debt kept going up Clintonites kept claiming there was a surplus. In fact the national debt has gone up over 50 years in a row. If there were a surplus there would have been no need to borrow more money. The only truth here is that "fact"check.org is a very biased site that the leftists love to use. What is even more horrifying is that our government claims we now have 14 trillion in debt. The actual number is much higher as this does not include the trillions(6-9) in debt that has been backed by Congress over the years (freddie, fannie, and sallie types). If you then add in "unfunded liabilities" that could be as much as another 100 trillion. [/QUOTE]
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