Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I misused the word "surplus". Surplus is talking about a net positive in terms of government income less spending. What I meant was total government debt. Yes we had surpluses under Clinton but the US was still deeply in debt. We went from the largest creditor nation to the largest debtor nation in the world under Ronald Reagan.


Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: