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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: t4texas who wrote (521535)	11/10/2012 9:09:07 AM
From: Thehammer	1 Recommendation Respond to of 793914

to have the same impact with the clinton tax rates we need economically some initial conditions that will simulate: 1. a soviet union collapse for a long peace dividend 2: a baby boom generation with maximum earnings capabilities 15-20 years away from first retirements 3: an internet type bubble in the stock market to generate incredible capital gains taxes. simply slapping the clinton tax rates on today's economy will not bring prosperity without some substitutes for items 1-3 above in the usa economy. We also had the republican take over of both houses of congress and the contract with America. Much of the growth came from republican or bipartisan initiatives after that. Clinton also did a few things that surprised me such as NAFTA and GATT.