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


To: Jim McMannis who wrote (172075)7/20/2003 4:11:54 PM
From: Road Walker  Read Replies (1) | Respond to of 1576612
 
Jim,

re: With smoke and mirrors at best.

No, with a significant reduction in fed employee's, leading to flat spending. Bush1 started the move to a balanced budget with his about face on "no new taxes", a good, conservative move.

Now we are back to the "drunken sailor" approach to fiscal policy, after two relatively responsible administrations.

John



To: Jim McMannis who wrote (172075)7/20/2003 5:53:59 PM
From: Alighieri  Read Replies (1) | Respond to of 1576612
 
RE:"The budget was balanced under Clinton. What's your point?"

With smoke and mirrors at best.

I guess a tax break is just a gift to the rich when a Republican does it?


You gotta be the only person I know who would say that Clinton cut taxes...to look at one tax change and call it a policy is to trivialize the topic...generally Clinton raised taxes for the highest earners during his presidency. This was partly responsible for the shrinking budget imbalance...the rest came from a thriving economy. Are you calling that smoke and mirrors?

Al



To: Jim McMannis who wrote (172075)7/20/2003 10:17:32 PM
From: tejek  Respond to of 1576612
 
RE:"The budget was balanced under Clinton. What's your point?"

With smoke and mirrors at best.


If it was done with smoke and mirrors, the bond markets would not have been fooled so easily and interest rates would not be so low.

BTW how are FLA's finances under Jeb Bush? I'm wondering if deficit spending is a Bush gene.