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

To: briskit who wrote (383255)	3/31/2003 8:45:40 PM
From: DuckTapeSunroof	Read Replies (3) \| Respond to of 769667

Sorry, I misspoke. Bush spent $100 B. per year more than Clinton during each of his first two years (compared to Clinton's last two years.) As to "I was wondering what made Clinton a fiscal conservative." >>> Well, he wasn't, really... he still ran deficits (just way smaller ones than Bush II or Bush I). >>> IMO, his one good move was the decision taken (with Rubin) to pay down on the national debt, and issue fewer 30 year government bonds (which lowered government interest costs). The financial markets took this as a very good sign, and pushed interest rates down which stimulated growth.