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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: tonto who wrote (3455)2/21/2004 9:05:10 AM
From: American SpiritRead Replies (3) | Respond to of 81568
 
Clinton fixed the economy. It was not "hot" when he came into power at all, it needed a new economic team, new ideas, balanced books, reform and more revenues. The GOP railed against the Clinton program (wqhich included raising some taxes) promising we'd fall into a depression, but just the opposite took place.

The red-faced GOP, unwilling to admit trickle-down economics doesn't work, later tried to revise history by both claiming Gingrich was behind the turnaround, and that Clinton had inherited a boom. Both nonsense, completely untrue. Same kind of lie as "the CLinton recession". There was no Clinton recession, it started in March 2001 after Bush took power and transfered wealth from clean upscale tech industry to the harvesting of natural resources, fossil fuels and weapons systems.

Also the same kind of lie that this Bush trickle-down economy is anything more than outrageous unsustainable debt fueling a temporary growth and war spurt but no jobs.



To: tonto who wrote (3455)2/21/2004 12:43:54 PM
From: Lizzie TudorRead Replies (1) | Respond to of 81568
 
Clinton was a great economic president. The Clinton economic team's "strong dollar policy" caused growth stocks to rally. This in turn created huge amounts of wealth availailable to public companies- companies felt like they were rich, and felt the need to invest in infrastructure and jobs, without a sense of needed to relentlessly cut costs. Payrolls rose, median wages rose and our consumer driven economy benefitted.