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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Robert Beatty who wrote (59451)	11/14/2006 3:23:42 PM
From: Metacomet	Read Replies (2) of 116555

"Republicans took control in 1994 and were in control during most of Clinton's terms." And nearly succeeded in stopping the legislation that forced at least a temporary turn toward fiscal sanity. en.wikipedia.org (A bill that every Republican in the House and Senate voted against.) Doesn't work. Urban legends notwithstanding, it is the GOP that has driven this train to the precipice. Tax and spend in the real world is far superior to borrow and spend. At least you still have the ability to recover. It is not clear that the endgame for the GOP's "trickle down", supply side policy will afford that luxury.

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