US deficit shrinking at fastest rate since World War II

[Kasz216]

Ljink96 said:

KungKras said:
Just get rid of some of that bloated military spending. Seriously, why is so much needed?

You, my friend, are a complete genius. People act like they don't know where the money is going but it is as clear as crystal. The Military! There were times in Bush's presidency when billions of dollars were spent month to month! And we're wondering why are we so far in debt. We had extra money when Bill Gates was president. Then 8 years of yeah... you get the idea.

I'm going to guess you mean Bill Clinton.

 

Though, while Bill Clinton had a budget surplus.. the National Debt actually increased under Clinton.  So we didn't actually have extra money under Clinton.  It's just the way politicians calculate a budget isn't the way normal people would calculate their budget.

Which would be incoming money - expenses.

The Budget is only incoming money - Public debt.  They ignore intergovernmental holdings.

Which would be a lot like making a household budget while ignoring your mortgage and credit card payments.

That's not to say his additions to the national debt weren't lower then most presidents.... but he still added to the national debt every year... though one year he had it as "low" as ~20 billion.