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Technology Stocks : Intel Corporation (INTC)

INTC 37.89

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Nov 12 3:59 PM EST

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To: Craig M. Newmark who wrote (128718)	3/1/2001 11:58:06 PM
From: Scumbria	Read Replies (2) of 186894

Craig, You are not including the 1993 deficit in your calculation, which was Bush's last budget. Chalk up an extra $290 billion for Reagan/Bush. Your $220 billion interest number is much too low. All of the debt accumulated under Clinton is directly attributable to interest payments on Reagan/Bush debt. i.e. Clinton would have run a net surplus if he wasn't straddled with $4.5 trillion in debt at the time his first budget took effect. How can people of intelligence and good conscience not be critical of the tremendous fiscal mismanagement by Ronald Reagan? Scumbria

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