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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: TraderGreg who wrote (37707)	6/19/2000 7:48:00 AM
From: Zoltan!	Respond to of 77399

>>one lone former Congresswoman named Marjorie Margolis Mazursky, who cast the deciding vote for the 1993 Balanced Budget/Deficit Reduction Act What a joke. She was booted out because she LIED to the voters. She said, if elected, she wouldn't vote to increase taxes. Remember, Clinton and AlGore the Junior did the same thing - they ran on a "middle class tax cut" and then lied, saying that got the wrong projections. Business Week revealed that was a calculated lie, Clinton had the correct figures all along. As George S. later stated, "Clinton kept all the promises he meant to keep". That tax increase was unnecessary, as we all now know and it wasn't meant to balance the budget - which Clinton fought tooth and nail - it was to allow them to spend more. The GOP, though still in a minority, defeated their pork "stimulus" bill. Of course she was booted out by her constituents, but virtually every major economist(who rarely agree on anything) believe that vote was the key turnaround. You could not be more wrong if you tried. That's a huge falsehood. The recession was OVER for more than a year and growth was strong. Look it up. No reputable economist would ever agree that a huge tax increase could be responsible for economic growth. And the stock market only took off after Clinton lost power over the economy in the November 1994 elections.