Republicans in 2012 want to give cover to their atrocious record on fiscal policy often say Bubba Clinton had no surpluses. However, even conservative economists knew there were surpluses as far as the eye could see. Let's do an examination.
Originally published in THE WALL STREET JOURNAL- Tuesday, November 4, 1997- Don't Waste the Budget Surplus - By Martin Feldstein.
Of course Republican ideologues will never acknowledge that the Republican Party changed the fiscal course of the USA from surpluses forever in 2001, to deficits forever in 2012.