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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (39887)9/26/2000 6:31:59 PM
From: Doughboy  Read Replies (4) | Respond to of 769667
 
You can look it up, as I did at cbo.gov The annual federal budget deficit was $290B in 1992 (albeit lower than the $400B I stated), the year George Bush left office. Along with that was the S&L bailout, which had a total cost of $325B, totally off-budget, and had a high water mark of $140B in the last year of Bush's presidency. I should point out, too, that half the S&L bailout went to investors and depositors in TEXAS, which amounted the largest transfer of wealth from one region of the country to another in the last century.

Yes, and let's look at the historical data. Who has a history of busting deficits and who has the history of running an irresponsible government? Face it the data show that it is Democrats who are fiscally conservative.

1979 -41 Last Year of Carter Presidency
1980 -74 Reagan Takes Office
1981 -79 ***Record Federal Deficit
1982 -128 ***Record Federal Deficit
1983 -208 ***Record Federal Deficit
1984 -185
1985 -212 ***Record Federal Deficit
1986 -221 ***Record Federal Deficit
1987 -150
1988 -155 Reagan Leaves Office
1989 -152 Bush Takes Office
1990 -221
1991 -269 ***Record Federal Deficit
1992 -290 Bush Leaves Office ***All-Time High Fed Deficit
1993 -255 Clinton Takes Office
1994 -203
1995 -164
1996 -108
1997 -22
1998 69 ***Record Federal Surplus
1999 124 Clinton Leaves Office ***Record Federal Surplus
2000 ??? Gore Takes Office



To: Bill who wrote (39887)9/26/2000 7:33:41 PM
From: jlallen  Respond to of 769667
 
LOL!! Don't count on him looking up the facts. The facts will only confuse Dipboy. JLA



To: Bill who wrote (39887)4/7/2001 9:25:16 AM
From: Scumbria  Read Replies (1) | Respond to of 769667
 
E-Boo-boo,

The deficit went from $60 billion under Carter to $300 billion the last year of Bush's presidency. During the first three years of Clinton's term, the deficit dropped by almost 50%. Giving the Reps credit for this is moronic, because Newt's first budget didn't go into effect until 1996.

Are you a moron?

Scumbria