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Politics : Al Gore vs George Bush: the moderate's perspective -- Ignore unavailable to you. Want to Upgrade?


To: James West who wrote (29)8/23/2000 9:00:42 AM
From: pezz  Read Replies (3) | Respond to of 10042
 
Oh please, the debt has grown much less under Clinton than any of his republican predecessors!

As far as the republican Congress taking credit . I don't think so .

The surplus did not occur because of less government spending put into effect by a stingy republican congress. It came about because of increased tax revenues.

This increase was due in part from the tax increase put into effect by Clinton and in part because of the strong economy.

The tax increase and Clinton trade policy certainly played a major role in this strong economy.

Amazing how the republicans can try to take credit for this. They fought Clinton tooth and nail all the way.



To: James West who wrote (29)8/25/2000 5:59:50 PM
From: Wharf Rat  Read Replies (3) | Respond to of 10042
 
The debt has grown greatly under Clinton? Oh really? The deficit is now a surplus...that is on a one year budget. The surpluses from Clinton's last budgets have been used to buy back Treasuries. This reduces the debt, which is the combination of all the annual deficits. The figures for that debt are lower now than when Clinton took office. Good thing, too, cuz Reagan and Bush quadrupled the debt which took all other presidents 200 years to accumulate.

TK