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Politics : President Barack Obama

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To: tejek who wrote (111126)3/14/2012 9:28:57 PM
From: RetiredNow  Read Replies (1) of 149317
 
And check out the Clinton years. That was when he had balanced budgets as well. You see, we really can have a booming economy without massive Federal intervention, if we govern well and let the free markets work. Clinton knew how to achieve that balance. Since then, we've gone to every extreme possible. Clinton's boom was real. It was done to excess, aided by Greenspan's low rates, but it created lasting value and a little thingy called the Internet. This "recovery" is not real and is creating nothing of lasting value, except a massive debt overhang.
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