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Politics : Formerly About Advanced Micro Devices
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To: JohnD who wrote (123227)8/29/2000 10:23:19 AM
From: Scumbria  Read Replies (1) of 1570499
 
John,

Yes, I remember that bill - simply stated - the largest tax increase in history

The bill was a mix of 50% tax hikes and 50% budget cuts. Rush Limbaugh warned night after night that it would lead to collapse of the economy.

After the bill passed, the Fed relaxed and cut interest rates. The amazing rise in the stock market began, and the rest is history.

I'm up to here with Clinton sour grapes. The economy has behaved brilliantly under Clinton. Deal with it!

Scumbria
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