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

To: TimF who wrote (131533)	2/5/2001 12:41:00 AM
From: Dave B	Read Replies (1) \| Respond to of 1576013

twofowler, Also I don't give Clinton anywhere close to 100% of the credit for bringing the deficit under control. I agree. Most of it is due to the reduction in defense spending, which came about because the "evil empire" was forced into bankruptcy by the policies of the 80's. Once the money didn't have to go to defense, it could be put to positive economic use. Dave p.s. Speaking of what's-his-name, the San Jose Mercury had an interesting editorial today about the measurement of a Presidential Corruption Index. It was a measure of corruption based on the number of laws that go into effect after a President leaves office to prevent the types of "misdeeds" (or whatever you want to call them) he was committing while in office. Apparently, the PCI for WJC is going to be fairly high. It was a fairly entertaining article.

To: TimF who wrote (131533)	2/5/2001 2:43:47 AM
From: tejek	Respond to of 1576013

I think the deficit reduction has helped but I would not say most of the growth was due to it. Also I don't give Clinton anywhere close to 100% of the credit for bringing the deficit under control. Tim, You under estimate the impact...it was major. It improved liquidity in the market place and is responsible for the fairly low interest rates we have had for most of the decade. ted