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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: koan who wrote (94299)2/16/2009 4:37:31 PM
From: Steve Lokness1 Recommendation  Read Replies (2) of 116555
 
koan;

Clinton whne we ran huge surpluses for four years ending with a 286 billion surplus.

That's just not true. Clinton barely squeeked out a surplus just one year before he left office. He ran surpluses if you don't count interest on the debt, but how silly is that? Clinton did that by cutting the military and reducing the size of government - both things I applaud - but you sure don't see any reduction in the size of government in Obama's plan. And yes, Bush spent like a crazy drunken soldier, but democrats are certainly not guiltless as you imply. Throw in the projected deficits for unfunded social programs and you have a mess every bit as bad as Bush.

steve
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