Not a very recent president, America got back in debt with the very next president. He was the only president to ever relieve America of debt.
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8 Responses
Troll Hunter
December 4th, 2009 at 9:40 am
1Jackson
Akhi
December 4th, 2009 at 12:07 pm
2if i have a budget surplus this year, does that mean I have eliminated the national debt?
Clinton lovers can be as dumb as Bush lovers
Andrew Jackson did what none else have accomplished (and liberals would have hated him)
Fox News is the best!
December 4th, 2009 at 5:59 pm
3Andrew Jackson
Bill Clinton did not reduce the national debt. that is a liberal myth. here is proof:http://jrs2cents.com/bill-clinton-surplu…
vive la emperor
December 4th, 2009 at 7:07 pm
4Andrew Jackson was the only U.S. to president to see us get out of debt, and he also prevented the banks from usurping power from the people as well.
Konstantinos A
December 4th, 2009 at 7:55 pm
5Jackson, Andrew
staisil
December 4th, 2009 at 9:48 pm
6Andrew Jackson and Bill Clinton
On January 1, 1835, the United States paid off entirely its longstanding public debt. For that year and the next the nation enjoyed debt-freedom, the only two years in its entire history when it held no obligation to creditors. For this reason the years 1835-1836 are unique and significant, but, oddly enough, historians of Jacksonian America have overlooked what this financial circumstance and its anticipation meant to the era.
Moving From Record Deficits to Record Surplus. In 1992, the deficit was $290 billion, a record dollar high. In 2000, we have a projected budget surplus of $167 billion — the largest dollar surplus on record (even after adjusting for inflation) and the largest as a share of our economy since 1951. This is the first time we have had three surpluses in a row in more than a half century.
gromit80
December 5th, 2009 at 12:33 am
7Clinton was the only US President that left a surplus in the budget.
shaunnla
December 5th, 2009 at 3:16 am
8Clinton, Bill. Saddam H. did not have anything to do with 11 Sept. That is a Conservative myth.
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