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"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, banking institutions and corporations that will grow up around them will deprive the people of all property until their children wake up homeless more than a continent their Fathers conquered." - Thomas Jefferson.
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Then we the shortage. During a term of eight years, Bill Clinton reversed Reagan's course, raising taxes upon the wealthy, and lowering them for the important and middle classes. This produced the longest sustained economic expansion in American heritage. company information It produced budgetary surpluses allowing brand new to begin paying along the crippling debt begun under Reagan. In 2000, Clinton's last year, the surplus amounted to $236 billion. The forecast of a ten-year surplus stood at $5.6 trillion. It was the last black ink America would see for decades, perhaps forever.
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