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Politics : Proof that John Kerry is Unfit for Command -- Ignore unavailable to you. Want to Upgrade?


To: cirrus who wrote (15784)10/7/2004 2:34:26 AM
From: tejek  Respond to of 27181
 
It's important to recall that in Clinton's first year he proposed, and Congress passed, a deficit reduction bill that included tax increases . The Senate passed the bill 51 to 50 with Al Gore casting the tie-breaker.

Republicans screamed that the bill would ruin the economy. Instead, the tax increases and Clinton's spending controls signaled that the US was getting it's financial house in order, prompting renewed investment, confidence and a robust economy that withstood the Peso and Ruble collapses, the LT Capital collapse, the dead Japanese markets and numerous other shocks without a hitch.


Its a joke. Like with everything else, the GOP repeats like a mantra how good they are for the economy and with like everything else, its a perversion of the truth;

Fact: The stock markets do better under Dem. presidents.

Fact: Since WW II, the deficits as a % of GDP have declined under Dem presidents and risen under GOP presidents.

Fact: The longest peacetime expansion since WW II occurred under Slick Willie's watch!