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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (132012)2/9/2001 12:53:57 AM
From: Joe NYC  Read Replies (2) of 1570444
 
Scumbria,

More Geronimo nonsense. The first Rep budget didn't take effect until 1996, and the budget was balanced two years later. Half of the deficit was gone before they showed up.

Twisting numbers again? Why is it that everytime you use some "fact" you get it wrong. And wrong favoring your point of view? It's like when you go to store, and you the cashier gives you wrong change. You may say, ok, he made a mistake. But when the cashier gives you change incorrectly 3 times, everytime favoring him, you begin to wonder.

The deficit in first year prior to Clinton's budget was $255 billion, and the first 2 years of all Democrats in power, the largest tax increase in history (retroactive) and the deficit went down to $164. Reduction of $91 billion, or 35.6%, not half. The next 2 year of Republicans, saw $142 billion reduction in deficit, and the 2 years after that, we say $146 billion reduction - greater reduction in $$$ and %.

These are budgets that include Social Security. Let's look at the deficits excluding Social Security surplus:


Deficit Reduction for
President Congress Deficit 2 years % from 93
93 Bush 41 Dem 172
94 Clnt 42 Dem 140
95 Clnt 42 Dem 138 34 19.7%
96 Clnt 42 Rep 93
97 Clnt 42 Rep 75 63 36.6%
98 Clnt 42 Rep 35
99 Clnt 42 Rep 2 73 42.4%


Joe
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