Christian Debt Recovery

Highest National Debt By Country

January 20th, 2009 |

Author: Gavin

highest national debt by country

Get Mad! Country Going Down, Part 3

Please read this article on Google.com

President Clinton’s presidency is very important from national debt and deficit point of view because he became president when national deficit was quadrupled in the years before him and doubled in the years after him, while he left a surplus at the end of his second term and gave four budgets with surplus during his presidency. He understood the basic principles of finances that every wise and successful household and business runner knows.

A balanced budget is the result of balanced revenues and expenses. Cutting revenues or expenses or both too much, doesn’t work. He balanced national budget the way every household or business budget is balanced: by increasing revenue and reducing expenses. Please refer to the article William J. Clinton on Whitehouse.gov. “During the administration ofWilliam Jefferson Clinton, the U.S. enjoyed more peace and economic well being than at any time in its history.” “After the failure in his second year of a huge program of health care reform, Clinton shifted emphasis, declaring “the era of big government is over.”" “President Clinton was born William Jefferson Blythe III on August 19, 1946, in Hope, Arkansas, three months after his father died in a traffic accident.” “He excelled as a student and as a saxophone player and once considered becoming a professional musician. As a delegate to Boys Nation while in high school, he met President John Kennedy in the White House Rose Garden.” “Clinton was graduated from Georgetown University and in 1968 won a Rhodes Scholarship to Oxford University.” “He was defeated in his campaign for Congress in Arkansas’s Third District in 1974.” “Clinton was elected Arkansas Attorney General in 1976, and won the governorship in 1978.” “Clinton and his running mate, Tennessee’s Senator Albert Gore Jr., then 44, represented a new generation in American political leadership.” “In 1998, as a result of issues surrounding personal indiscretions with a young woman White House intern, Clinton was the second U.S. president to be impeached by the House of Representatives.” “In the world, he successfully dispatched peace keeping forces to war-torn Bosnia and bombed Iraq when Saddam Hussein stopped United Nations inspections for evidence of nuclear, chemical, and biological weapons.”

Please, refer to the article “American President Bill Clinton (1946– )” on millercenter.org. The article states: “William Jefferson Clinton, the young President from Hope, Arkansas, succeeded where no other Democrat had since FDR: he was reelected to a second term. Clinton also defied his critics by surviving an array of personal scandals, turning the greatest fiscal deficit in American history into a surplus, effectively using American force to stop the murderous “ethnic cleansing” wars in Bosnia and Kosovo, and presiding over the greatest level of economic prosperity since the early 1960s.” “Bill Clinton, whose father died a few months before he was born, wanted to be President from a very early age. Born in 1946, he attended public schools in Hot Springs, Arkansas, after moving there from Hope.” “Clinton defeated President George H. W. Bush and upstart independent Ross Perot in 1992 after besting a large field of fellow Democrats for the nomination.” “Clinton stumbled badly in his first term when Congress vigorously rejected his complex health care reform initiative, spearheaded by First Lady Hillary Rodham Clinton.” “Clinton suffered two major setbacks during his administration.” “In foreign affairs, Clinton succeeded in brokering peace negotiations in Northern Ireland between warring Catholics and Protestants, and—after a failed first attempt at ousting a military dictatorship in Haiti—in ending the murderous rule of Haitian leadership.” “Clinton’s partner in his political career and marriage, Hillary Rodham Clinton, emerged as a key player in his administration.” “Future history books may well begin by noting that Bill Clinton was the second President to have been impeached by the U.S. House of Representatives.” Please, refer to the Wikipedia article, “Bill Clinton”. It states: “William Jefferson “Bill” Clinton (born William Jefferson Blythe III; August 19, 1946) is an American politician who served as the 42nd President of the United States from 1993 to 2001.” “Clinton has been described as a New Democrat.”. “Clinton left office with the highest end-of-office approval rating of any U.S. president since World War II.” “In 2004, he released his autobiography My Life, and was involved in his wife Hillary’s 2008 presidential campaign and subsequently in that of President Barack Obama.” “Bill Clinton was born William Jefferson Blythe, III, at Julia Chester Hospital in Hope, Arkansas.” “Although he assumed use of his stepfather’s surname, it was not until Billy (as he was known then) turned fourteen that he formally adopted the surname Clinton as a gesture toward his stepfather.” “In Hot Springs, Clinton attended St. John’s Catholic Elementary School, Ramble Elementary School, and Hot Springs High School – where he was an active student leader, avid reader, and musician.” “Sometime in my sixteenth year, I decided I wanted to be in public life as an elected official.” “Clinton has named two influential moments in Clinton’s life contributed to his decision to become a public figure, both occurred in 1963.” “With the aid of scholarships, Clinton attended the Edmund A. Walsh School of Foreign Service at Georgetown University in Washington, D.C., receiving a Bachelor of Science in Foreign Service (B.S.) degree in 1968.” “Upon graduation, he won a Rhodes Scholarship to University College, Oxford where he studied Philosophy, Politics and Economics, though because he had switched programs and had left early for Yale University, he did not receive a degree there.” “Clinton’s political opponents charge that to avoid being drafted into the Vietnam War during his college years, he used the political influence of a U.S. Senator, who employed him as an aide.” “Clinton did not join the ROTC program, but the temporary ROTC status prevented him from being drafted.” “After Oxford, Clinton attended Yale Law School and obtained a Juris Doctor (J.D.) degree in 1973.” “During his time at Yale, Clinton took a job with the 1972 McGovern campaign and was assigned to lead McGovern’s effort in Texas.” “After graduating from Yale Law School, Clinton returned to Arkansas and became a law professor at the University of Arkansas.” “Clinton was elected Governor of Arkansas in 1978, having defeated the Republican candidate Lynn Lowe, a farmer from Texarkana.”

About the Author

Navaid I. Syed is the owner and CEO of Woodbridge, Virginia based corporation ExcitingAds! Inc., which has it’s blog on http://search.excitingads.com and the main website of company is at http://www.excitingads.com He writes on a very wide variety of topics including, politics, Economics, Finance, news and current affairs, and health, Medical, fitness and weight loss. His articles are marked with broad based research and knowledge. He always tries to cover all the possible aspects of his topics and all the available points of view. He keeps a neutral and unbiased approach.