SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Let's Talk About Our Feelings!!!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zoltan! who wrote (47904)7/30/1999 11:43:00 PM
From: Krowbar   of 108807
 
I listened to President Clinton's speech on CNBC on the budget surplus, and he was in favor of using it mostly to reduce the debt. It's interesting BTW that none of the other "libral" media carried his message live. CNBC carried all of Greenspan's testimony, and only part of Clinton's.

In that respect Greenspan agreed with Clinton. "As I've said before, my second priority is if you find that as a consequence of those surpluses they tend to be spent, then I would be more in the camp of cutting taxes, because the least desirable is using those surpluses for expanding outlays."

He would be in favor of a tax cut only if the surplus was used for new spending, rather than decreasing the debt. If Clinton would use the surplus to decrease the debt, then Greenspan agrees. It is you that has a perception problem.

Del
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News