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

To: Mary Cluney who wrote (60684)	4/22/2008 10:25:03 AM
From: Bridge Player	Read Replies (1) \| Respond to of 541768

<<<I find myself wanting to throw a shoe at Pollyanas who seem to think that reducing the debt is feasible if we just try. >>> Clinton did it in the 90's. It is difficult, but it can be done. You have to increase revenues and decrease spending. You have to prioritize. You have to first balance the budget. Much as I know you would like to believe it, Mary, I'm afraid that is not quite true. Between 1992 and 2000, the federal debt increased from $4.1 trillion to $5.7 trillion, although this was a significantly slower rate of increase than during the Reagan administration.