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Politics : View from the Center and Left
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To: KyrosL who wrote (50094)2/22/2008 5:44:34 PM
From: Bearcatbob  Read Replies (1) of 541933
 
"Finally, Clinton's national debt reductions were achieved NOT because of split government from 1995 to the end of his term but because he managed to enact the tax increases of 1993 while the Democrats had control of both branches of government! "

You make a good argument - but when the facts dispute your thesis you simply attribute it to a separate factor. When split government returned the stock market took off and yielded a boom in investment and capital gains tax receipts. Do think that raising taxes is what caused the internet bubble?

A good data point would be spending as a percent of GDP over time.
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