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To: Les H who wrote (254467)8/6/2003 5:29:37 PM
From: Thomas M.  Read Replies (1) | Respond to of 436258
 
Some astonishing numbers from Cato:

<<< In inflation-adjusted terms, Clinton had overseen a total spending increase of only 3.5 percent at the same point in his administration. More importantly, after his first three years in office, non-defense discretionary spending actually went down by 0.7 percent. This is contrasted by Bush's three-year total spending increase of 15.6 percent and a 20.8 percent explosion in non-defense discretionary spending. >>>

'Conservative' Bush Spends More than 'Liberal' Presidents Clinton, Carter

by Veronique de Rugy and Tad DeHaven

cato.org



To: Les H who wrote (254467)8/6/2003 5:29:57 PM
From: orkrious  Read Replies (2) | Respond to of 436258
 
Another state to issue bonds ( $ 4 B) to buy stocks and bonds

that's truly UFB. from that article: Today, the West Virginia teachers retirement system is the worst-funded public pension fund in the nation. It has only 19% of the assets needed to pay current and future benefits.


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