SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Clinton's Scandals: Is this corruption the worst ever?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Doughboy who wrote (3068)8/25/1998 11:27:00 AM
From: Zoltan!  Read Replies (1) of 13994
 
>>You're getting a bit confused (partially my fault because I put 1992 in my first message). Clinton was elected in 1992. Congress at the time was controlled by Democrats. The Stimulus Package was passed in 1993

No, you are very confused. The "Stimulus Package" was defeated because it was just massive pork/payoff to greedy Dems. It was the massive tax increase that passed with Gore's vote.

>>In 1994, mid-term elections, voters who were angered by
the tax increases in the Stiumulus Package, voted the GOP into control. Okay?


Partial credit. HillaryCare played a more prominent role in the Dem's demise.

>>He responsibly raised taxes, thinking that the economy could take it. It did. We have not had a recession since he came into office.

Thanks for that totally screwball analysis.

Clinton ran on a tax cut. He lied when he came into office saying that he had seen bad figures. Business Week proved he had the correct figures for over a year. Clinton then came up with his increased spending and massive tax increase. The Liar got the latter from the Dem Congress as the Reps defeated the stimulus.

In any event, the brief recession was over in early 1992, well before Clinton did anything. Clinton's subsequent tax hike has produced the most anemic recovery in Post WWII history.

>>As for the GOP tax increases, I think they were very stupid to insist on them when the economy is at such a high level capacity. There isn't much more juice that can be added to it until we get thrown over into an inflationary cycle.

More screwball. Tax increases do not "juice" an economy under any theory of economics - they restrain economic activity. Reps advocate tax cuts because they know that taxes are at an historic high and that government will expand to spend all available revenue.

Clinton's economic moves have proven as unprincipled and as schizoid as he is. Clinton fought a balanced budget will all his resources until it was clear that it would cost his re-election. He followed that same strategy with his switch on welfare reform. He parades as a "free-trader" yet refuses to push the trogs in the Dem party to advance the national interest.

Heck, why should he or they start now?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext