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


To: TigerPaw who wrote (435787)7/30/2003 10:50:33 AM
From: Neocon  Read Replies (2) | Respond to of 769670
 
Sorry, that is blather. The economy chugged along at better than 4% growth for most of the period, and only tanked when they tried to do something about deficits. If it were as you say, the disruption should have occurred years before. Also, the recession was brief and shallow, and was growing when Clinton took office.

Clinton ran deficits through much of his Administration. He did not per se eliminate deficits, we grew out of them, as Reagan predicted.



To: TigerPaw who wrote (435787)7/30/2003 11:21:58 AM
From: DavesM  Read Replies (2) | Respond to of 769670
 
Your memory is somewhat clouded. The economy was something like 19 months into recovery, before President Clinton took office.

re:"The proof is that once Clinton and Gore completed the reversal of that policy into a Pay-as-you-go responsibility, the economy still hesitated a bit before beginning it's historic strengthening."