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Strategies & Market Trends : ahhaha's ahs

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To: Jack Hartmann who wrote (373)	10/22/2000 7:11:08 PM
From: ahhaha	Read Replies (2) of 24758

I meant to say the surplus was created by two factors. Reagan era spending was already in the cards due to the Democrat's dominance of Congress from the '50s and its attendant Great Society programs, and from military spending. The military spending was required regardless of regime. That's what it took to bust the Evil Empire. The social spending is what was particularly disastrous. It yielded little and not only cost plenty but grew without bound. Although the rate of growth has been slowed by the will of the people, certainly not by the Clinton Administration, it continues to grow. On the other hand military expenditures since 1990 have fallen significantly. They aren't needed to the extent they were, but they are needed just as much as these useless social programs are. To make a statement like "Reagan era spending created the trillion dollar deficit in the early 1980's that we still pay for today?" only proves you are Democrat. The only right economic policy the Democrat Party ever embraced was NAFTA, but that wasn't even the Democrat Party's doing. They rejected it because they said it would cause mass labor dislocation from demand going south of the border. That never happened. The Democrats haven't done anything constructive since Kennedy, but have been the main agents of economic disaster. Clinton tried to pump the welfare state but he found his trial balloons shot down by the people. The S&P bailout was a drop in the bucket and there was no value lost there. Why do you think there was? Media coverage? Tell me, how does a Democrat deny the social program boondoggle over the last 50 years? That kind of orientation destroyed the Soviet Union and is now destroying Europe. When are the Democrats going to learn that whole approach is a disaster? Well, I guess you need someone to be the evil.

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