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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (59694)4/17/2008 1:38:34 PM
From: Cogito  Respond to of 543151
 
>>I'd be interested in one on IF it will get paid off. I don't think there's much interest in paying it off. Much more comfortable to just service it.<<

Karen -

Well, the biggest deficit hawk in recent US government history was Bill Clinton. Though conservatives like to point out that he had a Republican Congress to deal with, I'd counter that he was sending them balanced budgets in the first place.

It's true that he had the good fortune to have a galloping stock market to generate massive tax revenues for him, and the next president is unlikely to catch that break. And of course, though Reagan and Bush 41 added to the national debt, they didn't come close to sticking it to future generations like Bush 43 has. But still, if anyone is likely to work on paying down the debt, Hillary is probably the one.

- Allen