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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (376)	10/22/2000 7:34:19 PM
From: Jack Hartmann	Read Replies (1) of 24758

I meant to say the surplus was created by two factors. Now it makes sense. The popular notion that it took money to outspend the USSR to break them, meant the US had to accumulate huge deficits while other countries contributed little to the cause. I never have bought that theory when the USSR showed their inferiority in Afganistan. only proves you are Democrat Actually, I'm an independent. I voted for Speaker of the House Hastert every year he ran, but voted for Democrats too. The Democrats haven't done anything constructive since Kennedy I agree that spending on social programs have accelerated under the Democratic Congress. I thought the capital gains tax-cut under Clinton was a positive step, but it took bi-partisan support and the Republicans pushes it under the older Bush. The welfare-to-work program legislation fanfare died when jobs were plentiful. The S&P bailout was costly, but I don't have the figures handy. I was thinking it was 60-80B. Maybe a drop in the bucket by todays numbers, but it was expensive. Jack

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