<< Credit deserved anywhere else? >>
Well, IMO, yes. To Ross Perot, for his efforts in the 1992 election campaign, in focusing public attention on the risk to the country that the deficit posed, and thereby forcing Clinton to run a more centrist campaign, and to (some of) his financial advisors after his election (including Rubin, I might add), in toning down new deficit spending and to Clinton, for (leading or cooperating in, as you choose) efforts to control spending growth.
But I will never forget the mistake that Rubin made in arguing strongly AGAINST reducing capital gains taxes.
For reference, see "The Agenda": Inside the Clinton White House", Bob Woodward, 1994.
BP |
