SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Scumbria who wrote (129156)3/5/2001 1:52:28 PM
From: AK2004  Read Replies (1) | Respond to of 186894
 
Scumbria
Clinton's decisions on medical plan was against industry experts. Clinton rejected an alternative plan that was proposed by experts and put Hillary in charge. Not only that he wasted taxpayers money but also robbed people of more affordable health coverage and it will be years before anyone would try it again because of the negative associations and unwillingness of experts to waste their time again.
Regards
-Albert



To: Scumbria who wrote (129156)3/5/2001 2:07:52 PM
From: Joe NYC  Read Replies (1) | Respond to of 186894
 
Scumbria,

Cut the cr@p. Clinton took office with a $290 billion deficit, and the before the Republican Congress implemented their first budget in 1996, the deficit was down to $160 billion.

As usual, you are misstating facts. The last Bush (41) budget in 1993 had a deficit of $255.

Here are the numbers:


Year Nominal deficit Standardised deficit
1993 255 181
1994 203 138
1995 164 136

Based on this data, in all Democrat government, the deficit went down by 35.6% or 24.8% (depending on your definition), not 50% as you claimed.

The was done mainly through cuts in defense, made possible only by the defeat of Soviet union by Clinton's predecesors.

Standardised budget excludes one time charges, or unsustainable items. Here is the definition: Excludes deposit insurance, receipts from auctions of the electromagnetic spectrum, timing adjustments, asset sales, the inflation component of interest payments, capital gains tax revenues, and contributions from allied nations for Operation Desert Storm (which were received in 1991 and 1992).
cbo.gov

Joe