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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (166846)4/7/2003 5:36:55 PM
From: TimF  Read Replies (2) of 1580035
 
Ask the sitting president...now in charge for 2+ years. Where are the surpluses he inherited?

The same place they would be if Gore was president, or if Clinton was still president, or Bush Sr., or Reagan or Carter, or you, or if I was president. Combine the burst of a major stock market bubble, with the biggest terrorist attack in US history, and then the efforts to fight back with a normal cyclical recession and so on and any president would have a budget deficit. You can argue that someone who cared more about fiscal discipline would have a smaller deficit but the surplus would be gone there was no way to save it.

Tim
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