Surly Curmudgeon

   The human race divides politically into those who want people to be controlled and those who have no such desire. The former are idealists acting from highest motives for the greatest good of the greatest number. The latter are surly curmudgeons, suspicious and lacking in altruism. But they are more comfortable neighbors than the other sort.
-- Robert A. Heinlein
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    Tuesday, January 27, 2004

    History of the National Debt

    For those who are tired of the oft-repeated and utterly false assertion about Clinton "paying down the national debt", here is a good article for refutation purposes.

    Apart from very slight declines in 1947-48 and 1956-57 (the last year there was any reduction at all was 1960), the debt began an upward trajectory into the infinite reaches of outer space.

    Considering that Clinton wouldn't be elected for another 32 years, I think we can put this one to rest. Another good source: the Bureau of Public Debt's "Public Debt to the Penny" web page, which lists historical values.

    Posted by Tom, 1/27/2004 2:01:00 PM (Permalink). 0 Comments. Leave a comment...