OK, in US political terms wtf does this mean?
Kerry through some facts up in the debate, saying during the Clinton years we actually started PAYING back the debt. The last time the debt shrunk was during 1960. So if the debt has been increase, how has the budget been balanced or being payed back? If there is no deficit, why does the debt continue to grow? Am I missing something?
I feel like I am lacking the understanding of what the poloticians are saying when they refer to a balanced budget and a surplus. If this was indeed true, why the hell has the debt grown? Do they not count the intrest on the debt?
Balanced Budget??
Moderators: Alyrium Denryle, Edi, K. A. Pital