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Politics : Why should I (conservative) stay in the Republican Party? -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (212)2/18/1999 12:22:00 PM
From: Greg Jung  Read Replies (2) | Respond to of 246
 
< the economy was already well on the road to recovery in the waning months of the Bush administration >

I agree wholehertedly. The turning point was the election of Democrats to Congress and the presidency in an election with a broad participation. Consumer confidence must'ev jumped 10%.

I'm really not joking on this, there was a sluggishness and despondency that was erased with the change. Whether just a change of any sort would have sufficed, possibly. The budget act of 1993 cemented the current period of economic health - mainly by bolstering confidence in foreign markets that we weren't ballooning the deficit. Nobody seriously considered it would be possible to begin paying the debt down, now we are close to that (principally due to exhuberant stock market) and where are the Reagan deficit hawks? Chasing windfalls. At any of Greenspan's recent talks he has asserted the best course is to let surplus run, generally greeted by a chuckle and some lip-service such as "right, but that is politically impossible". Here the correct approach is staring them in the face and nobody can embrace the obvious. After months of political self-immoliation republican leaders are again missing the point. Just like Clinton did to them on the big government issue, they can themselves do to the "save social security first" campaign: one-up the prez, forgo the tax refunds to the rich and pay down debt without the gimmicks.

H. Hyde makes much of how he did the unpopular task and how republicans "stand on principle", but the budget wimps show just how wrong this is. It is also demonstrated in the late-session pork barrels that roll out of Congress, also - such as the Gingrich going away gift of C-135s for his home district that nobody wanted.

Greg



To: Yogizuna who wrote (212)2/18/1999 9:11:00 PM
From: somethingwicked  Read Replies (2) | Respond to of 246
 
Yogi, If Reagan had been elected prez in 1992, republicans would now be touting him as the economic genius who has led us to prosperity the past 7 years. Problem for the repubs is that Clinton is the prez, so according to their line, he lucked into it. Come on! Greenspan, Ruben, Clinton, the three wise men who have led us through the golden years (we won't mention that Clinton was able to do this with his pants off more than 1/2 the day, what a versatile genius he is).