I recall a time a couple of years ago, right here, when credit for the Clinton surplus was being claimed by reps, for keeping his spending in check. So it existed back then, lol.
It's all politics.
However I believe after reviewing the raw data that the "Clinton Surplus" was primarily optics and in reality no surplus existed. He simply moved money around to make everything look good.
Did Clinton do better with the budget than the presidents surrounding him in office? Yes, I will freely admit that. Was there a real surplus? No.
Clinton benefited from holding office in a strongly improving economy. He also implemented tax increases that enhanced revenue - which is a good study for those who always claim that cutting taxes is the only way to improve the overall economy. The reality is that there needs to be a balance between taxation and spending and necessary services.
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