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Politics : Did Slick Boink Monica? -- Ignore unavailable to you. Want to Upgrade?

To: ncs who wrote (4672)	2/4/1998 7:10:00 PM
From: MulhollandDrive	Read Replies (3) \| Respond to of 20981

Would you care to list which of Clinton's initiatives have contributed to the bull market? Wall Street got religion when the Republican's took control of the congress. The best you can say for Clinton is that he was along for the ride. Look at his State of the Union speech, his spending initiatives depend on a tobacco settlement, what happens if the settlement doesn't happen as anticipated, either that money won't get spent or new taxes will have to be levied. If you really want to see a continuation of the bull run, how about a serious tax cut? How about some serious spending cuts? Want more examples? Clinton continuously resisted welfare reform until it became crystal clear that not signing reform would hurt him politically, now he has the gall to take credit for our dwindling welfare rolls.....I really would like to hear just which legislation Clinton proposed that even remotely has contributed the current level of prosperity. Presidents get credit for either the health or malaise of the economy, in truth, they are not responsible for either. bp

To: ncs who wrote (4672)	2/4/1998 7:20:00 PM
From: loafer	Respond to of 20981

Who knows, maybe if Slick hadn't been such an obstructionist after the '94 elections you might have made and been able to keep a lot more. I think most of the credit goes to Greenspan and the efficiencies in business processes derived from automation, including the tools we're using now. Technology developed by entrepreneurs, not the state. Having done a lot of work for government at various levels, I can assure you that from my experience your tax dollars are rarely spent wisely, much less efficiently. I could tell you stories, but I don't want an audit. Why is it that the new smaller, leaner government promised by slicky boy has the largest federal budget ever proposed? Imagine how big the surplus, collected out of our pocket, could be if cost cutting and reducing federal programs was really pursued. The power to tax is the most pernicious power that you can give someone. Both sides of the aisle are responsible for it's abuse, but it seems recently in our history the abuse has come far more often from the left. If he is forced out of office it should be a blip event, dramatic but short lived precisely because the economy is doing so well. However, if the timing is such that other factors such as asia's economic crisis come into play then who knows. Keep an eye out for instability over there, particularly in Indonesia. Any sign of a real political upheaval and all bets are off. Good luck.