On a side note,
Here is how far you have to go back to see the national debt actually go down, and only for one year:
06/30/1949 | 252,770,359,860.33 |
---|---|
06/30/1948 | 252,292,246,512.99 |
06/30/1947 | 258,286,383,108.67 |
so the 1948 budget year is the last time the county took in more than it spend . . . to the tune of 4 billion dollars. So every year since the 1948 budget year to the present – EVERY president as agreed to spend more money than the government has taken in.