Originally posted by: CADkindaGUY
Originally posted by: Drphibes
care to explain further cad.
About what? This has been discussed in multiple other threads. If you don't understand how there really wasn't a "surplus" then you need to read and educate yourself on how the gov't balance sheets work(or rather play a game of "hide the money")
Bowfinger even said this: "That's one of those technically-true answers that's intended to divert the discussion. By GAAP standards, there was never a surplus."
Now he went on to make excuses for the gov'ts accounting practices and tried to "compare"(which wasn't my point) but lets just say that if you, I, or any business tried to use the gov't accounting methods we wouldn't get very far
CkG
Do me a favor and please elaborate. Or provided generally supportive links. I am interested in this and I have never heard of this before.
And if 1997 was a deficit, and appeared as a surplus...what does FY2004 count as?
:Q
