Bill Clinton Scandal - SANITY CHECK Message Board

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Politics : Bill Clinton Scandal - SANITY CHECK

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To: Les H who wrote (43493)	4/22/1999 10:32:00 AM
From: Daniel Schuh	Read Replies (1) of 67261

Right, Les, so you just add up 3% a year for 8 years, get 24%, then add a lot of mumbo jumbo about "the Miracle of compound interests", stated/assumed growth, and how if you doubt how it all works out, you're a commie. Thank you for sharing. Alternatively, show me the numbers, Les. What does this hypothetical '89 budget, 24% below the actual one, look like? How much do you get to right off due to the "miracle of supply side economics" versus "the miracle of compound interest"? Supply side economics was supposed to give us this free lunch of tax cuts without spending cuts to begin with, but never mind that.

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