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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (350736)	9/16/2007 9:20:05 AM
From: longnshort	Read Replies (1) \| Respond to of 1577188

Clinton didn't try to balance the budget, newt did. In Clinton's first 2 years when dems controlled congress he spent like a liberal democrat

To: RetiredNow who wrote (350736)	9/21/2007 4:37:26 PM
From: tejek	Respond to of 1577188

Surprisingly for a self-described "lifelong Republican," Greenspan was happiest as Fed chairman when Clinton was in the White House. (He also liked his time running Ford's Council of Economic Advisors, where it was his pleasant responsibility "to shoot down harebrained fiscal policy schemes.") I knew that......I was new to the stock market in the 90s but I found it fascinating to watch how Greenspan and Clinton worked together to positively manipulate the economy. They both did a lot of good for this country and they are both getting trashed. It's pretty sad. Give the man credit: He helped persuade a Democratic President to base his economic policy on a balanced budget. "If the story of the past quarter of a century has a one-line plot summary," Greenspan writes, "it is the rediscovery of the power of market capitalism." And this makes me saddest of all.....we were so close to grinding down the federal debt. Now that opportunity has been lost as we watch the debt double under Bush II. For the life of me, I can't understand how this could have happened in this country. Really....its an enigma to me!