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


To: Scumbria who wrote (128418)11/13/2000 5:39:44 PM
From: Joe NYC  Read Replies (1) | Respond to of 1570746
 
Scumbria,

That and the 1993 Deficit Reduction Bill.

Let's see. The deficit based on the table Harry linked was. Now let me try to incorporate the RTC expenses:

1987 -150 -150
1988 -155 -155
1989 -152 + 50 -102
1990 -221 +100 -121
1991 -269 +100 -169
1992 -290 +100 -190
1993 -255 +100 -155
1994 -203 + 50 -153
1995 -164 -164

Something must have been working to offset the tax increase - people changing their behaviour to shield income from taxation? More spending? Giveways? I am not sure.

Now let's see how Republican Congress:

1996 -108
1997 - 22
1998 69
1999 124

A big difference.

Joe