SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (190562)6/15/2004 1:59:53 PM
From: Thomas M.  Respond to of 1577180
 
There was a rare and amazing agreement between a good Republican Congress and a Democratic executive brand to balance the budget.

A shame (on us) that it couldn't last...


Amen!

Tom



To: Road Walker who wrote (190562)6/17/2004 5:51:10 PM
From: TimF  Read Replies (2) | Respond to of 1577180
 
That and reasonable taxes, a strong market, and fiscal discipline with much reduced discretionary spending.

If Clinton's tax levels where "reasonable" then so where Bush Sr's and Bush Jrs. I probably wouldn't call them unreasonable but I think they where higher then ideal even on a purely practical level. I think Clinton was more the beneficiary of the strong marker then the cause, and I think the fiscal discipline came more from the Republican congress putting a clamp on spending (too bad they don't do that now) then from Clinton's own plans, particularly if you consider the military reduction as a separate issue. However even when all of these things are taken in to account (and Bush's disadvantages of being president after a market bubble popped and having 9/11 happen) its true that Clinton exercised better fiscal discipline the Bush Jr.


Tim