[WOSG]

"What you fail to figure into the equation, is the reality that the economy could have been much stronger without the Clinton Bill of 1993."

Actually, that is certainly the case. I studied this matter - if you look at the stock markets, they fell back in 1994, anticipating weaker economic growth. In 1995 it rebounded and the real bull market started.

Any hyperbole over the size of the impact of Clinton tax hikes doesnt negate that the economic impact was in fact negative, and the fiscal impact (as measure by estimated deficits) was in fact not helpful in reducing the deficit by much.

"One thing I know for sure is, the 93 Bill was a hindrance, and Clinton should be thanking his lucky stars, for the way things turned out."

A GOP Congress in 1995 saved us fiscally.

[Huck]

I studied this matter - if you look at the stock markets, they fell back in 1994, anticipating weaker economic growth. In 1995 it rebounded and the real bull market started.

People argue this every which way. They'll say the boom was thanks to the GOP Congress. Then again they'll discount the whole boom as a bubble. Whatever serves the political goal. The plain fact is that taxes were raised and the economy still prospered. Rush predicted doom and gloom and it didn't happen. He was wrong. It doesn't matter what excuses we use later to explain it away. I like having my taxes cut. I like a strong economy. But I learned from that experience that Rush is not a reliable source of economic commentary.

[woodyinscc]

A GOP Congress in 1995 saved us fiscally.

You are absolutely right, this is what I meant when I said Clinton should thank his lucky stars. He saw the figures, jumped aboard the horse and rode it for all it was worth. The press jumped right along with him, and his economy has become reality, and a rallying cry for all the unwashed.

I wish an author like James B. Stewart would right an expose' on the tech bubble, I believe fervently, it goes all the way up to Rubin and Clinton

[Mr. Buzzcut]

Any hyperbole over the size of the impact of Clinton tax hikes doesnt negate that the economic impact was in fact negative, and the fiscal impact (as measure by estimated deficits) was in fact not helpful in reducing the deficit by much.

There is an excellent chapter on this in Rich Lowry's book Legacy: Paying the Price for the Clinton Years .