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


To: American Spirit who wrote (68836)10/26/2005 12:36:36 PM
From: JakeStrawRespond to of 81568
 
The so-called surplus can be largely traced to a decrease in defense spending, which was due to a peace dividend from winning the Cold War - something Clinton had absolutely nothing to do with but President Reagan certainly did.

It can also be traced to a strong economy which, other than a brief and minor downturn around 1992, continued in growth mode from the early 1980's until the late 1990's - and was initiated by the Reagan tax cuts. Clinton can get credit for mostly not getting in the way but he deserves no personal credit for any policy innovation.