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Politics : Did Slick Boink Monica?

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To: starpopper who wrote (2174)1/27/1998 1:05:00 PM
From: Zoltan!   of 20981
 
You could not be more wrong! Clinton gets and deserves no credit. He walked into it.

The Dem tax increase Bush embraced is better viewed as the cause of the ensuing recession. The overall boom we are seeing is a continuation of the Reagan Boom that Bush abated for a short period.

Just as Clinton's 1993 increase slowed the economy from what it would have done without the tax increase. It's still the Reagan boom. Only now we have the Reagan Peace Dividend balancing the budget. Leave it to Reagan to end the predicament (Cold War) FDR left us with - $7 trillion spent on FDR's miscalculations

Tax increases are fiscal drags not boons.

As liberal historian Richard Rovere recently said (before the scandal, on Clinton's legacy) on CBS, "Clinton will be remembered as a small acorn hanging on that mightly oak called Reagan".
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