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

To: PROLIFE who wrote (467659)	9/30/2003 1:39:06 PM
From: Kenneth E. Phillipps	Read Replies (4) \| Respond to of 769670

The Clinton surplus was evident in many ways. People of my age breathed a sign of relief with the assurance that their social security benefits would be paid. The lower income groups had the best increase in after tax income since the end of WW2. Unemployment was very low. The state governments were healthy. Finally, without the Clinton surplus, the Bush tax cuts would not have been possible. The country is still surviving off the economic benefits of the Clinton prosperity.

To: PROLIFE who wrote (467659)	9/30/2003 2:14:49 PM
From: Kevin Rose	Respond to of 769670

You have not figured out what Bush has not figured out. The economy, with the proper stimulus (i.e. low rates, ample liquidity) is driven by consumer and business confidence. That confidence is derived from many factors, a BIG one being confidence in the fiduciary responsibility of the US government. Another BIG factor is confidence that the US government will not increase and in fact reduce global instability. When government spending was balanced, and the debt being paid down, businesses and consumers were confident in the future. When government starts spending like drunken sailors again, that confidence drops like a rock. Businesses stop expanding and become cautious, starting a chain reaction that results in the job losses and low real growth we're seeing now. When the government deals openly and evenly in the international arena, businesses are confident in global stability. When the government enters into wars that it can neither justify nor pay for, and threatens more, businesses become uncertain and extremely conservative. The tax cuts that we're seeing (well, mostly that the rich are seeing) are not an attempt to reduce the size of government, but rather a misguided attempt to stimulate the economy. In the Clinton years, the taxes were fair, and the economy was booming. In the Bush 43 years, the taxes are now unfair, and the economy is wallowing. Oh, and that 'gutted' military seems to have done a fine job with its 'gutted' military equipment in Afghanistan and Iraq. Remember, it is BUSH who wanted to gut the military benefits.