Clinton prosperity was just a mirage
The Aug. 13 edition contained another fine Commentary piece by Pat Buchanan, titled, “Leveraged to the max: Superpower on the brink.” Pat is so knowledgeable that I was really surprised when he referred to “the surpluses of the 1990s . . . .”
The surpluses were only illusions created by counting the borrowing (some say embezzlement) from Social Security and other trust funds, as revenue.
The actual situation can easily be obtained from the Treasury Department's records, which show the national debt increasing every year. We never had the surpluses that President Clinton is pleased to claim credit for. Benjamin P. Martin Los Altos Hills, California