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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (216875)2/2/2005 12:53:27 PM
From: Alighieri  Read Replies (1) of 1572137
 
It all depends on who's spending that SS surplus. When Clinton was spending it and declaring the federal budget "balanced," I didn't see you outraged at that chicanery.

My understanding is that Clinton took a two pronged approach to balancing the budget, and eventually reached the point where a surplus was reached for 2 consecutive years. First, he raised taxes on the wealthiest Americans and second he managed expenses growth tightly. The path from a 290B deficit (when he took over from GHWB) to the 120B surplus he left took 6 years of work.
Contrast that to bush's performance and ponder the differences for a moment.

Now, you are implying that the balanced budget was "cooked" in some way involving SS surpluses. Explain what you mean, because you've lost me.

Al
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