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Politics : Formerly About Advanced Micro Devices
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To: Scumbria who wrote (123223)8/29/2000 12:25:46 PM
From: pgerassi  Read Replies (1) of 1570448
 
Dear Scumbria:

The event that fixed the deficits was the Republicans getting control of Congress and the Senate. They were willing to slow down the growth of spending that Clinton wanted. That more than anything else solved the deficit problem. As congress started to show some restraint, AG and others could ratchet down interest rates and that caused the boom in capital spending that we are still enjoying today. Congress has much more effect on the economy than the President.

They kept toning down his requests for 10 billion here and 20 billion there. They add up fast and turned Clinton's projections of 200 billion dollar deficits as far as the eye (his) could see. Bill Clinton did not even believe that the budget would be in surplus until 2010 at the earliest with super restraint. Well, how wrong he was. Matter of fact, we would be in a better position if, he would simply stop all these police actions that have caused military spending to be much higher than necessary. He seems to have the crisis action of the year whenever he gets into trouble.

No, Bill Clinton is (soon to be was) a mediocre president at best (future historians will probably put him in the bottom of the barrel). We will be better without him.

Pete
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