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


To: Neocon who wrote (126956)2/14/2001 10:26:34 PM
From: ecommerceman  Read Replies (1) | Respond to of 769670
 
Neocon--I didn't mean to imply that the Democrats were behind Reaganomics (good God!), they weren't (although a number of them voted for it, including then-Congressman Tom Daschle--after first supporting a failed Democratic alternative) but that the Democrats were behind tax reform--if that's not what I stated (and I'm too tired to look it up) that's what I meant.

I DID mean to imply, though, that there were plenty o' Democrats who supported deregulation (although there were plenty of them, too, who didn't), but Ted Kennedy (amazingly enough) was one of the chief proponents of trucking and airline deregulation, and natural gas deregulation was pushed by Jimmy Carter (Vice President Mondale, in fact, was responsible for breaking the Abourezk/Metzenbaum filibuster on it in 1978, to Abourezk's everlasting bitterness to this very day).

As for the importance of deficits--I'm not an economist, so my opinion is worth exactly what you're paying for it--but my view is that deficits DO matter (at least if they're allowed to pile up, as they did in the 80's when the national debt QUADRUPLED); the great economy that we've had in the 90's, again in my view, is due in reasonably large part to the efforts of President Bush and President Clinton to bring them under control, as well as the deregulation that you referenced (supported by both parties, and Presidents Carter and Reagan), as well as our world-leading high tech industries...

That's how I see it, anyway... I'm glad that you like whimsy--so do I--if we didn't we no doubt wouldn't be here.... what could be more whimsical than sending messages to someone whom you don't agree with and will never meet! :-)