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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: Peter Dierks who wrote (25812)2/6/2008 3:42:47 PM
From: DuckTapeSunroof  Respond to of 71588
 
Re: "have sound reasons for believing that without that ONE TIME boost Clinton never would have been able to boast a surplus."

Er... any of those 'sound reasons' that you can actually quantify? (You know... with NUMBERS?) That would certainly help to establish your point. Not that I am disagreeing with your contention that the IRA changes served to temporarily boost revenues....

Far from it! (Just wondering if you have any numbers.)

PS --- Although I've ALREADY pointed out that --- under GAAP rules --- there was actually no real 'surplus' at that time for Clinton, because of the counting of Social Security and Medicare 'surpluses' in the general budget. A process Bush continued with. (Incidentally --- this budgetary 'quirk' undoubtedly accounted for a much LARGER percent of the reported 'surplus'... just as it has continued to disguise the true extent of the structural deficits under Bush....

Of course, as I also posted, Bush had a similar ONE TIME ONLY temporary boost to government tax revenues, too... with his tax holiday on repatriated foreign corporate profits. Although I believe it was larger then the Clinton era boost from the IRA change....

Re: "That is why when you choose to ignore this and post partisan hack graphs that ignore reality, I am not impressed."

Ignore? Pretty sure I haven't 'ignored' anything. (Certainly not 'reality'. Seems more like it's you who is doing the ignoring. :-)

Since I addressed your point DIRECTLY... and raised a few more that I believe are equally relevant to the reported government budget 'deficit/surplus' numbers, besides that.

Not sure what in the heck you would think is 'partisan' about simply pointing out hard truths about government budgetary tricks (which are well documented in *both* administrations' times in office....)

Not 'impressed' by your resorting to such an obvious straw man....