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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (707618)	4/6/2013 3:38:32 AM
From: i-node	Read Replies (4) \| Respond to of 1579130

>> the most SKEWED way possible to show Clinton in a bad light, his WORST year STILL looks better than Bush's BEST year. I haven't "skewed" anything. I just recited what the facts were. Clinton was the beneficiary of a great economy while Bush inherited a recession and a building real estate crisis, had to deal with 9/11 which was a tremendous drain on resources as well as a major economic event, Katrina, and two wars and an intense level of new security measures in response to 9/11. Yet, Bush's deficits, while higher than Clinton's, didn't approach the Obama deficits. Given the challenges Bush faced, I'm not very critical of his spending -- although there were a couple of things that probably shouldn't have been done (the Ted Kennedy education legislation and Medicare Part D, for example). Still, these didn't amount to anything compared with the waste in the first four Obama years. Clinton never face any significant difficulty that created a drain on the economy, and he had the good sense to come to terms with Gingrich, the result of which was a dramatic reduction in welfare spending and tax cuts which led to a great last 3 years under Clinton, even if the economy did crash as Clinton was leaving office, leaving Bush with a serious economic problem. I would point out, however, that Bush did do some of the right things early on to mitigate the economic damage fromt he Clinton recession as well as the tremendous economic damage from having the world's financial center destroyed 8 months into his presidency. Under the circumstances, Bush's budgetary issues were relatively minor.