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

To: TimF who wrote (44201)	7/16/2010 2:55:58 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 71588

Not enough of it. The vast BULK of the Reagan/Bush I era federal deficits were in actual fact "STRUCTURAL" in that they existed entirely apart and outside of the normal business cycle fluctuations --- HUGE federal deficits REMAINED each and every single year REGARDLESS of where the nation was in the normal business cycle. Whether we were at the TOP of a business cycle, or at the bottom --- large structural deficits REMAINED. Simple fact....

To: TimF who wrote (44201)	7/19/2010 7:17:51 PM
From: Peter Dierks	Respond to of 71588

His presidency was timed perfectly to cover a period of strong growth in between two recessions, one right before and one right after his presidency. And not just the cyclical situation was best for Clinton, but the military/security cost situation, and the situation in congress was the best, in terms of having the ability to control spending and reduce deficits. If he had not been such a spendthrift Clinton could have made significant headway on the debt. He was lucky and a lousy President in more than just a lack of morals.