When was the last time the US didn't have a national debt?
by 
keithold thanks all baggers
ANSWERS: 5
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eh, about 200 years ago. really every nation in the world is in debt
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clinton left office and we were operating in the black.......then the idiot moved in
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we were in the black with that white guy, clinton. now we are in the red with that black guy, obama.
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Never. The 2010 Budget proposed by President Barack Obama projects significant debt increases. Even with Fannie Mae and Freddie Mac obligations excluded (don't ask me how they can do that) the debt is projected to nearly double to $20 trillion by 2015, (it is expected to increase to nearly 100% of GDP by 2010). In effect the number we will finally hear will be staggering enough and that's with Obama and gang 'leaving out' the trillions spent on bailouts yo...
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Well, while many say Clinton had us out, doesn't show the truth. You can move the money about (And debt) and thus by smoke and mirrors, you can show we're either in great shape, or screwed blued and tattooed. I believe the one poster who said since 1870 is fully correct.
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