Friday, August 8, 2008

Politics and economics


James Hanley said...

The trends are correct, but a $200 billion surplus under Clinton?

Scott Hanley said...

You can draw such a figure from the CBO data here. The table "Deficits, Surpluses, Debt, and Related Series, 1968 to 2007" near the bottom lists a $236 billion surplus for 2000.

The reversal from 2001-2003 is especially dramatic - a half trillion dollars difference.