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Then we the shortage. During a term of eight years, Bill Clinton reversed Reagan's course, raising taxes upon the wealthy, and lowering them for the functional and middle classes. This produced a long sustained economic expansion in American past history. It produced budgetary surpluses allowing brand new to begin paying on the crippling debt begun under Reagan. In 2000, Clinton's last year, the surplus amounted to $236 zillion. The forecast of a ten-year surplus stood at $5.6 trillion. It was the last black ink Americ