SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (129629)1/5/2013 8:46:15 AM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
Exactly so. Both Gingrich and Clinton had help from the PC and Internet boom, but they both were fiscal conservatives. They raised taxes (even higher after Bush Senior raised taxes) and rolled back the welfare state. Both contributed to the eventual one time surplus. That represented the peak of US finances. It's been all downhill since then, as the American people have demand and received more heroin (deficit spending, borrowing, money printing) to hide the consequences of our profligacy.