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To: justlurking
Clinton didn't balance the budget: a Republican Congress balanced the budget. Clinton went along because he had no choice.

Well, they came close but neither can take credit for a balanced budget as it never happened.

16 posted on 09/04/2012 3:47:23 PM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: hattend
Well, they came close but neither can take credit for a balanced budget as it never happened.

Yes, I know that's true. They played games with the numbers to make it look like there was a slight surplus. But, the national debt increased, so the reality is it was not balanced.

But, even granted that it was "close enough", it still wasn't Clinton that did it -- at least not without the insistence of a Republican House and Senate. What really did it was the explosion of tax revenue from realized capital gains at the end of the dot.com boom. The Democrats would have been spending it even faster.

21 posted on 09/04/2012 5:19:26 PM PDT by justlurking (The only remedy for a bad guy with a gun is a good WOMAN (Sgt. Kimberly Munley) with a gun)
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To: hattend

If anything, Barry is the anti-Clinton:
Clinton signed DOMA/Barry trying to repeal
Clinton signed welfare reform/Barry repeals work rules
Clinton signed DADT/ Barry repeals Don’tAsk/Don’tTell
Clinton signed capital gains tax cut,Barry raises them...
under Slick Willy what was the spending vs GDP? and what is it under Barry Soetero?


23 posted on 09/05/2012 11:12:45 AM PDT by TurboZamboni (Looting the future to bribe the present)
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