the REAL truth....
What is it about these repubs that they did NOT learn the 'first time' around?? - here are some more FACTS, Jack!!
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Eleven years ago, President Clinton and Vice President Gore's economic plan was enacted without a single Republican vote! Vice President Gore broke a tie on August 6, 1993 to pass the measure in the Senate and President Clinton signed the 1993 Budget Reconciliation into law four days later. Their bold, three-part strategy established fiscal discipline; invested in education, health care, science and technology; and opened foreign markets so that American workers have a fair chance to compete abroad. Passage of the economic plan was a historic turning point, reversing 12 years of trickle-down economics and turning the largest deficit in history into the largest budget surplus in history. It also committed the country to a path of fiscal discipline that helped unleash the productive potential of the American people, contributing to the longest economic expansion in history, including the creation of over 22 million jobs, the lowest unemployment and inflation rates in a generation, rising wages and the highest homeownership rates on record.
The previous two republican administrations drove annual budget deficits to their highest level in history, piled up more debt in 12 years than the nation did in the previous 200, and quadrupled the national debt. Thanks to the 1993 economic plan, President Clinton and Vice President Gore kept their promise to cut the deficit in half in four years and produced three back-to-back surpluses for the first time in over 50 years. This fiscal discipline resulted in real benefits for American families by keeping interest rates low and productivity high, and by creating the conditions for the strongest economy in our nation's history: Lowest unemployment rate, highest real income levels and growth, greatest stock market growth, greatest real increase in real estate values...
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LOOK AT WHAT BUSH JR. HAS DESTROYED IN ONLY 3+ YEARS...JUST LIKE THE 2 PREVIOUS REPUB ADMINISTRATIONS... |
