Clinton Sees $1.1 Trillion in Excess Revenue in Decade

This is the headline from an article in the New York Times, 3 February 1998. While it was not that long ago, in some ways it feels like it is from another lifetime.

Perhaps the saddest/funniest part is a few paragraphs in:

In just five months, Mr. Clinton's forecast has become much more optimistic. He now predicts that the Government will run a surplus of $216 billion in 2007, which is $49 billion more than he predicted in September.

Let's not forget it happened. And let's try to believe that it can happen again.

Have a great day as this historic transition occurs.