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To: Scumbria who wrote (110066)9/16/2000 5:59:21 PM
From: EricRR  Read Replies (3) | Respond to of 186894
 
In 1992, Republicans were making similar remarks about Clinton. My favorite was Bob Dole's tearful television plea to stop the 1993 "Deficit Reduction Act", before it led out country into recession. Rush Limbaugh promised disaster if the bill passed. The bill did pass (by Al Gore's single vote), and the economy took off.

But here are two inconvenient facts:

1) Deficit reduction helps the economy by reducing long term interest rates. Those rates vacillated in 1993 and 1994. But then they peaked on November 8 1994, and never looked back. What happened on that day?

2) Clinton like to take credit for balancing the budget- implying some sort of premeditation on his part. And the President is required by law to submit a new budget to Congress at the start of every congressional session. Clinton submitted his first budget which was BALNCED in 1996. But the budget had already balanced itself the year before. How can this be?



To: Scumbria who wrote (110066)9/16/2000 6:25:05 PM
From: Jim McMannis  Read Replies (1) | Respond to of 186894
 
Scumbria,
RE:"2. He won't approve any drilling in the Arctic Wildlife refuge and probably not off California and Florida.

We miss those oil spills. Santa Barbara was a wonderful experience for the people of California. I'm sure that Alaskan's feel the same way about the Valdez.

We need long term solutions to our energy problems. Oil is not the answer."

I'm certainly not advocating offshore drilling. I used to live in Santa Barbara. Well aware of the spill. Not to mention the natural oil seepage there.
What I'm saying is that we have little oil policy now. Under Clinton/Gore. If we don't drill, we will likely just have to cycle through the pain of the 70's again. Drive smaller cars and get rid of the Winnebagos.
You seem to think the best policy is to slow consumption. OK.
Legislating that is political suicide.. People just don't want to hear they are the problem. Both candidates will likely skirt the issue other than to blame it on the oil companies.
I'm afraid the problem IS oil...Alternative sources just haven't panned out. Where's all those wind mills and solar collectors? Better break out the electric cars?

Jim