MSNBC contributor says national debt is at its lowest point since World War II

Alan Auerbach quoted in Tampa Bay Times, “The Truth-O-Meter Says,” November 14, 2013

The story is the same for the 2012 federal deficit, which fell to 7 percent of GDP but was larger than any year since the end of World War II. In fact, as … Alan Auerbach pointed out, the federal government had budget surpluses while Bill Clinton was president.