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


To: Johannes Pilch who wrote (479200)10/21/2003 11:05:18 AM
From: JakeStraw  Read Replies (2) | Respond to of 769670
 
>>Clinton merely used mirrors to project a surplus. The surplus never was in hand, he was still >>spending more than he took in even while lying that he was not.

Try to explain that one to Kenneth! :^)



To: Johannes Pilch who wrote (479200)10/21/2003 6:51:07 PM
From: Steve Dietrich  Respond to of 769670
 
<<If Clinton had really balanced the budget, had he really taken in more than he spent, the national debt should not have increased. But it did increase. It increased because the notion that Clinton balanced the budget and created a surplus is quite false. Clinton merely used mirrors to project a surplus. The surplus never was in hand, he was still spending more than he took in even while lying that he was not.>>

I believed there was a surplus because an honest man said so:

My budget has funded a responsible increase in our ongoing operations, it has funded our Nation's important priorities, it has protected Social Security and Medicare, and our surpluses are big enough that there is still money left over. - George Bush in his first address to congress as President.

And if you go to the Republican controlled CBO's website they show a surplus in the years '98, '99, '00 and '01 with corresponding drops in the debt held by the public.

George Bush's OMB shows the same thing.

So if you're saying Republicans willfully lie and use dishonest accounting to further their own goals, i couldn't agree more.

Steve Dietrich