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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Scumbria who wrote (123247)8/29/2000 1:20:12 PM
From: pgerassi  Read Replies (1) | Respond to of 1570452
 
Dear Scumbria:

I suggest you take a look at history again. Bill Clinton in 1994 sent a Budget with a 200 billion dollar plus deficit to Congress that year. He sent one almost as big in 1995. It was DOA. The budget deficit really started shrinking at that point. Your memory of history does not fit the facts. Besides, you do not know what would have happened if the Republicans controlled the House at that time. We may have even bigger surpluses now. Total up the total amount spent in the Clinton Budgets from 1993 till now over what was actually spent. It is even worse than that due to all the "Police Action" wars he has gotten us into. All of his budgets, including the big tax hike one, spend much more money than was finally budgetted for. Reduction of Welfare was initiated by the states, my state of Wisconsin was one of the pioneers in this regard. And the Clinton administration fought us all the way.

You do not remember the amount of people laid off due to the Luxury Taxes in that bill. There were many unintended consequences of that bill and most of them were bad. If the 1993 and 1994 House did not spend money so much, perhaps the bill was not needed. It was needed because the Democrats never showed any restraint in spending. If the taxes were left alone and the reductions increased as the Republicans wanted, I think that the deficit would have been cut even more. AG would rather not spend the money or cut taxes. The next best thing is to cut taxes. The thing not to do is spend money (its too addictive (even for the Republicans)). Bill Clinton has not learned this yet even after 8 years.

Pete



To: Scumbria who wrote (123247)8/30/2000 7:11:44 PM
From: combjelly  Respond to of 1570452
 
Now Scumbria, you don't want to burst any bubbles about how the Republicans always reduce the deficit and Democrats run it up. Facts can be so inconvenient...