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Politics : Clinton's Scandals: Is this corruption the worst ever? -- Ignore unavailable to you. Want to Upgrade?

To: j_b who wrote (2210)	8/20/1998 1:21:00 PM
From: Mo Chips	Read Replies (2) \| Respond to of 13994

<<Who was in charge of spending during the 80's? Only the House of Representatives can pass spending bills. It was controlled by Democrats throughout that period. If you are unhappy with their spending patterns, blame them. >> Yes, but the president has to approve it. And go back and study the history of the period. Reagan dominiated the house, he was a very strong president. It was a time of a languishing economy, everyone was looking for a solution. Reagan came in with the idea to cut taxes and increase defense spending. The house followed his lead. However, as interest rates soared and the economy tanked, interest rate payments went up as did fixed entitlements. You can blame the entitlements, but I see Reagan's tax cuts and increased defense spending coming at THE WRONG TIME as the real culprit. I have a book written by Michael Boskin (Bush's Chair of CEO) he says the same thing I say here. I ask you, is there a politician with any balls to cut social securuty? None that want re-election. So these things went on and on with out a change, then Reagan cut taxes and increased defense spending. The deficit soared.... Mo