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


To: Nadine Carroll who wrote (130069)3/2/2001 2:45:13 PM
From: Zoltan!  Read Replies (1) | Respond to of 769667
 
>>One reason interest rates were able to drop is that the Federal Government was no longer chewing up so much of credit market. Clinton also based his original budget numbers on plausible projections, replacing the smoke and mirrors of the Bush I years.

Wrong. There is no positive correction between the two, as the WSJ has written many many times.

The GOP Congress did impose fiscal discipline on Clinton and ended his spending schemes, which were the greatest since LBJ.



To: Nadine Carroll who wrote (130069)3/2/2001 2:53:07 PM
From: Bill  Read Replies (1) | Respond to of 769667
 
Had Clinton signed the tax cut a year ago, or repealed his own prior tax increases at that time, we would not be in the serious economic predicament we're in. Clinton did nothing positive for the economy in 8 years despite the uninformed view that he was a successful economic president.



To: Nadine Carroll who wrote (130069)3/2/2001 2:54:03 PM
From: Neocon  Read Replies (1) | Respond to of 769667
 
I am not sure how much credit I would give to Clinton for fiscal discipline, which I think was imposed on him by Congress, and I don't think Bush's team was trying to make bad projections, they were caught by surprise, but I will concede, the Clinton projections were pretty good, and he ultimately understood the value of free- trade, and he was relatively cautious. On the rest, I think you have nailed it pretty well.....of course<g>.....