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

To: Bridge Player who wrote (60696)	4/22/2008 10:31:00 AM
From: slacker711	Read Replies (3) \| Respond to of 541772

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. And that was in a period which was in the sweet spot of demographics, had a huge draw down in military spending and experienced huge productivity improvements due to the tech boom. Dont get me wrong, both Clinton and the Congress deserve credit for restraining spending, but they had a strong wind at their back when it came to reducing the deficit. Slacker