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To: Keith Hankin who wrote (2939)	1/20/1999 1:59:00 AM
From: Tunica Albuginea	Read Replies (1) of 41369

Keith Hankin Re: "The Democratic Congresses and Presidents' half-a-century old budgetary banquet orgies that have impoverished millions of Americans by loading them with a $1.5 TRILLION NATIONAL DEBT with giant monthly interest payments is finally coming to a stop thanks to Ronnie (Reagan ). Wrong my friend. Ronnie at the start of his 2nd term in 1987 wanted to cut taxes further and reduce the deficit. That is when one of the first "tricky Democrats" tric ( actually the proper term is dishonesty ) appeared. Then Demo Senate Leader George Mitchell promised Reagan that if Reagan only raised taxes by 1 dollar, THEY ( the Democrats ) promised to cut spending by one. Ronnie agreed and signed the 1988 budget. Then when time came in 1989 for the Dems to deliver they reneged on their promise. Thus higher taxes in 1989 and and 1990 stalled the economy and reduced Governm. revenues which is why the deficit ballooned. Then Bush came in 1990 and further screwed the Republic(and) with his no more taxes. he did raise taxes under the old myth of " closing the deficit ". Promptly the economy went into Uncle Sam's pocket and died/tanked, revenues went down and the deficit soared. Enter Billy boy. Promises to balance the budget by " raising taxes for the rich ( note: the only rich people I know are hard working rich people ).Had he been allowed to do that we would have been back to Jimmy Carter Dem.'s 1978 stagflation ( 10% unemployment + 10 % inflation ). Enter Gingrich who said: " No ; you won't raise taxes. Instead you will cut welfare. And thus the 90s market boom took off and Bubba promptly took credit for it. I just wish he's also take credit for Monica and get done this , so the country can truly move " into the 21st century ", the children, elderly and women included, TA

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