Just the Facts, Ma'am: A Compendium of Liberal Fiction Message Board

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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

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To: Lizzie Tudor who wrote (3010)	1/2/2004 2:10:07 PM
From: Sully-	Read Replies (1) of 90947

Yup, the boom economy resulting from the policies of the Reagan/Bush Administrations (ending the Cold War - tax cuts, pro-business/economic growth policies, etc) & the Republican Congress (controling excess gov't spending) under the Clinton Administration generated huge increases in revenues for the government. Meanwhile spending was kept under control since that is prudent in an expanding economy. The Clinton recession inherited by the Bush Administration was exasperated by the horrific devastating economic impact from 9/11 (thanks to the appeasement/hands off policy of the Clinton era). The decision to dramatically increase deficit spending was appropriate. We had to keep the global economies from spiraling into a severe recession & we needed to dramatically increase military spending (decimated by Clinton) in order to take the war on terror to the terrorists. And your point was?

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