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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (3010)	1/2/2004 2:10:07 PM
From: Sully-	Read Replies (1) \| Respond to of 90947

Yup, the boom economy resulting from the policies of the Reagan/Bush Administrations (ending the Cold War - tax cuts, pro-business/economic growth policies, etc) & the Republican Congress (controling excess gov't spending) under the Clinton Administration generated huge increases in revenues for the government. Meanwhile spending was kept under control since that is prudent in an expanding economy. The Clinton recession inherited by the Bush Administration was exasperated by the horrific devastating economic impact from 9/11 (thanks to the appeasement/hands off policy of the Clinton era). The decision to dramatically increase deficit spending was appropriate. We had to keep the global economies from spiraling into a severe recession & we needed to dramatically increase military spending (decimated by Clinton) in order to take the war on terror to the terrorists. And your point was?

To: Lizzie Tudor who wrote (3010)	1/2/2004 4:03:40 PM
From: Oeconomicus	Respond to of 90947

the federal budget is out of control. Let's check the facts. The FY2004 Federal Budget calls for an increase in federal outlays of 4.2%. Defense spending is budgeted for a 3.8% increase. How does that compare to Clinton? Well, his last budget year, FY2001, also saw a 4.2% rise in total outlays and, coincidentally, a 3.8% rise in defense spending. Was it "out of control" then too or are you just spouting more unsupported nonsense? Let's step back another year to the "good ol' days" you long for - 2000. Clinton was even more "out of control" then - letting spending rise by 5.1%. And Clinton wasn't faced with budgeting to fight a recession or defend our soil and our skies against terrorists. He saw neither of them coming, but both hit Bush's budgets hard, particularly in his first budget year, 2002. Lastly, how has "social security ... been extended dramatically under Bush"? "Amazing", yes... that you spout this nonsense with no facts to back it up.