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Politics : PRESIDENT GEORGE W. BUSH
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To: Bill who wrote (116567)12/19/2000 5:46:44 PM
From: WTSherman  Read Replies (1) of 769670
 
<Clinton's phony surplus consisted solely of capital gains increases. Just wait til those losses get deducted this year. Poor Bush will inherit the worst economy in 70 years. <

Do you actually believe this claptrap or are you simply trying to convince people of something with false information?

Increase in capital gains revenues to Treasury over the past 8 years has averaged less than $40B/year when compared to 1992. This is less than 10% of the change in budget deficit/surplus over the same period(over $400B swing since 1992).

Also, the "worst economy in over 70 years"??? What a laugh. Let's see, in 1932 there was 26.5% unemployment, right now there is 4%. Maybe you meant 30 years, then the only thing I could say is that unemployment is now lower than it was AT ANY TIME during the past 30 years.

Make up some more "facts"...
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