@Woiyo9,
Woiyo9 wrote:
Dont you feel somewhat stupid now?
I don't know who you are addressing that to. You seem to be confusing surplus/deficit and national debt. For a couple of years during the Clinton administration the country took in more than it spent (i.e ran a surplus) and was able to pay down the national debt by a pittance. That rarely happens in our economy. You can google the graphs on surpluses/deficits and national debt to see.
The analogy would be this: Last year, I made $15000 and spent $14000 on rent, food, gas etc. So I had a $1000 surplus. I used that money to pay down my student loan, so my accumulated personal debt went down by $1000.
I think that was the point that you find "stupid."