IMPEACH GRAY DAVIS! Message Board

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Politics : IMPEACH GRAY DAVIS!

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To: Lizzie Tudor who wrote (1294)	10/1/2003 4:39:05 PM
From: Bill	Read Replies (1) of 1641

You don't seem to understand the relationship between government spending and deficits. We never had a surplus. All the surplus talk by the pols before and during the last election used projected (in the future) numbers dependent on continued capital gains windfalls as had been seen in 1999. Check yesterday's WSJ, the top 1% got a 20% pay decrease between 2000 and 2001. The rich are getting poorer! Anyway, no surplus never materialized and the economy crashed under Clinton. There is no way Bush or Gore or anyone else could have stopped that, as I said in 2000. The issue now is cutting government spending.

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