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

To: Metacomet who wrote (213566)1/2/2013 10:45:34 AM
From: Steve Lokness  Read Replies (2) | Respond to of 541429
 
<<<< You have to grow your way out of that, as Clinton's progress demonstrated by growing the economy>>>>

Oh how soon we forget! The biggest thing Clinton did was to reduce government spending. Clinton was good at that even though he did have the advantage of the peace dividend.



To: Metacomet who wrote (213566)1/2/2013 11:16:26 AM
From: Steve Lokness  Respond to of 541429
 
How Clinton did it;

In proposing a plan to cut the deficit, Clinton submitted a budget that would cut the deficit by $500 billion over five years by reducing $255 billion of spending and raising taxes on the wealthiest 1.2% of Americans.

en.wikipedia.org



To: Metacomet who wrote (213566)1/2/2013 12:09:10 PM
From: Ron  Respond to of 541429
 
This deal is not over by a long shot. I agree with Obama that we need both revenue hikes and
spending cuts. However, somehow I doubt the spending cuts will be in the most logical places and
we'll wind up horse trading something that winds up delaying any real progress.
When they come back to the spending side in a month or two, it will be interesting to see who proposes what.


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