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To: Scumbria who wrote (79971)4/25/1999 12:48:00 PM
From: Jim McMannis  Read Replies (2) | Respond to of 186894
 
Scumbria,
RE:"During the period 1981-1992, the national debt rose from 1.2 trillion
dollars to over 5 trillion dollars. "...

Seems we had a cold war to win. Took about 50 years to win it and it might take Clinton a couple months to reinstate it.
We also had a democratic congess during those years and we know who approves the spending don't we?
Everything goes in cycles, Clinton has been fortuitous, getting in on a good one. The next few Presidents may not be so lucky. I wonder who will get blamed when Social Security turns upside down? Most certainlty the President in power at the time. Clinton will only be remembered as the "Cigar man".

Jim



To: Scumbria who wrote (79971)4/25/1999 1:15:00 PM
From: MARK C.  Read Replies (2) | Respond to of 186894
 
So I take it you feel supply side economics played absolutely no role in the economic strength we are seeing in the US today. I compare it to having to work prior to getting paid. Having to spend money to make money. I call it an investment albeit expensive that is paying off today. Just my point of view. I simply disagree with your statement that Clinton is the first in 30 years to be responsible. I give Reagan and Bush high marks for their foresight.
By the way the National DEBT is still growing at about $500,000 per minute, time the clock. PEACE, MarkC
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