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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Catfish who wrote (47698)9/19/2008 9:20:00 AM
From: cirrus  Read Replies (2) | Respond to of 224705
 
Then Senator Phil Gramn and now McCain economic advisor promised that Clinton's 1993 economic plan would trigger a depression. LOL.

As we now know Clinton's plan reduced deficit spending, took the federal government out of competition with the private borrowing, restored confidence in the dollar and resulted in eight years of growth.

Compare that to the years following the Bush tax cuts: The debt is at unsustainable levels, the dollar is in the crapper and the economy is in a tailspin.



To: Catfish who wrote (47698)9/19/2008 9:59:08 AM
From: longnshort1 Recommendation  Respond to of 224705
 
"But it was less than a month after his inauguration in 1993 that President Clinton, intent on so much new government "investment," gave a televised Oval Office address to the nation announcing that instead of a middle-class tax cut there would be a middle-class tax hike, "because the deficit has increased so much beyond my earlier estimates." "

oh yeah who can't see that coming with Obama


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