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Then there was the deficit. During a term of eight years, Bill Clinton reversed Reagan's course, raising taxes within wealthy, and lowering them for the functional and middle classes. This produced a long sustained economic expansion in American history. It produced budgetary surpluses allowing the government to begin paying over the crippling debt begun under Reagan. In 2000, Clinton's last year, the surplus amounted to $236 billion dollars. The forecast of a ten-year surplus stood at $5.6 billion. It was the last black ink Ameri
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