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Politics : Did Slick Boink Monica?
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To: Janice Shell who wrote (8673)2/27/1998 10:36:00 AM
From: Hunter Vann  Read Replies (1) of 20981
 
Going back and reading the old posts on this thread are quite humorous. The battle for #6969 was a classic. One thing does disturb me quite a bit about the Pro-Clintonites on this thread. Most democrats argue that despite Clinton's troubled personal life his approval ratings are sky high.(of which I can not deny). Most Americans agree that the reason for such high approval ratings is the current state of the economy. But let's retrace our steps back to the Reagan era and see who actually should take credit for the current state of our economy.

During Reagan's administration, democrats controlled the majority in the house. However, congressional democrats escaped responsibility for the deficits that their spending created by simply naming deficits for Presidents--"Reagan Deficit" -- "Bush Deficit". If one were to look closely at the situation, one would realize that all spending bills originate in the House of Representatives, which the Democrats controlled for decades. One should also realize that the President of the United States cannot create deficits or surpluses. During Reagan's era, tax revenues were actually higher in every year of the two Reagan admininstrations than in any previous administration. I tend to put the blame on the democratic controlled congress' greater increases in spending that prevented much of this increase in revenue from eliminating the deficit. As Mr. Thomas Sowell states, "It was not a decline in tax revenue, but uncontrolled increases in spending that piled up bigger deficits."

So who's to take credit for our country's current economic success? I tend to lean toward the policies set forth by the Republican-controlled Congress rather than the man sitting in the Oval office. The Republicans have managed to restrain spending, while the continuing growth of the economy brought in enough additional revenue to reduce the deficit.

~~ok, fire away...
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