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Yes, the United States had a surplus under Clinton.
No -- the answer above confuses the "debt" with "annual deficit."
Yes, Clinton ran an annual budget surplus during certain years of his administration, but no, he did not attain "zero debt." That term refers to the accumulated debt of the U. S. since the 18th century, and Clinton added somewhere between $1.6 trillion and $2 trillion to the debt between 1992 and 2000.
For comparative purposes, during the 12 years of the Reagan and first Bush administrations, about $3.2 trillion was added to the debt, and during the 8 years of the George W. Bush administration, about $4.4 trillion was added.
-Tedwin223 Improved answer. Actually Bill Clinton gave us a Surplus, giving us SPENDING MONEY! When Bush came into office we plunged into debt and got a trillion dollar deficit.
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Why inflation increases when real GDP is above the potential GDP?
why inflation increases when real GDP is above the potential GDP
What is the price elasticity of supply of Picasso paintings?
The price elasticity of supply of Picasso paintings is zero, since no matter how high price rises, no more can ever be produced
What price when demand is zero?
If demand is zero, then the equilibrium price is zero and it would be unwise to supply such a good or service.
How much zero in 1 million in rupees?
how much zero in 1million
What is zero economic profit?
Stagnation or zero growth as long as they aren't losing money.
Did the U.S. ever have zero debt?
no
Has the national debt ever been zero?
Yes, 1835 was the first time and perhaps again in the 1850s, but not since.
Is it Obama's fault is that the US is in debt?
President Barack Obama did inherit a debt and although both the President and former President Bush have added quite a bit to the debt. Over time it is a collective fault each contributing, some more, some less. Note that the only President that balanced the budget was President Clinton. The country has never had zero debt.
Can radioactivity element and material ever lose its activity?
No. The activity rate declines exponentially but mathematically, even though it gets closer and closer to zero, it can never attain that value.
When does a model rocket attain maximum height?
when the vertical component of its velocity is zero.
What is the daily interest on Brazil's national debt?
zero
When a firm employs no debt?
It has a financial leverage of zero.
Has Monavie filed for bankruptcy?
No Monavie has absolutely zero debt
What is the difference between paying off and discharging a debt?
I wonder if you mean a "charge off" rather than discharge? If you pay a debt off, you send them enough money to cover the cost of the purchase plus any interest charges, and they send you a statement with a zero balance. If you have a debt charged off, that means the load company has given up hope of ever getting the money out of you, they zero out the balance on their computers, and notify the credit bureaus that you are a deadbeat.
What does it mean when someone is looking to amortize?
To "amortize" something is to reduce its value to zero. Typically, the word is used in connection with mortgages - referring to the gradual payment of the mortgage debt over a period of time, until the value of the debt becomes zero (i.e. the debt is fully paid for).
What is the condition that must exist in order for a body to attain equilibrium?
The equilibrium condition requires the sum of the forces on the body to be zero.
Why inflation increases when real GDP is above the potential GDP?
why inflation increases when real GDP is above the potential GDP
