Date: 2012-08-19 05:44 pm (UTC)
From: [identity profile] 404.livejournal.com
The point of the minor surplus was that, if nobody fucked with it, the national debt would have been neutralized in 10-15 years.

I'll play along: all that was with the expectations of the dot com boom to last forever, 9/11 to not have happened, the housing bubble to not have happened, no recession happening, etc. All with the hope that politicians to keep their hands out of the pork.

Date: 2012-08-19 05:48 pm (UTC)
From: [identity profile] lafinjack.livejournal.com
...expectations of the dot com boom to last forever...

Granted, along with the others. It was still there, and the responsibility was on those at the wheel to adjust to conditions on the ground.


...9/11 to not have happened...

The spending response it got wasn't warranted at all, though that also knocked the economy on its ass.


All with the hope that politicians to keep their hands out of the pork.

Oh, if only.

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