Bill Clinton lifts Democrat hopes with fiery talk


September 8, 2012 - 12:00 AM

Bill Clinton wound up his eight years in the White House with the national budget in balance and the national debt declining. 

“When I am asked how I did that, I have a one-word answer: arithmetic,” he said.

Clinton’s 45-minute speech was full of forceful rhetoric. But none of his analysis was more to the point: the numbers must add up. National revenue must be greater than national spending to bring the deficit down.

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