[Stallone]

According to the Economic Report of the President submitted to Congress this past February, Gross Domestic Product (GDP) began rising annually at a steady 4% clip after the Republicans defeated Clinton's health-care initiative; took over Congress in 1994; and passed tax cuts and welfare reform. Prior to that, GDP growth stagnated far below the 4%-plus-rate the economy has averaged from 1996 to 1999.

[Stallone]

It was Reagan's legacy that handed Clinton the essential foundation for booming growth. Reagan's supply-side tax cuts reduced top marginal tax rates from 70% to 28%. Siewert also apparently forgot that Reagan's tax cuts ushered in 92 straight months of economic growth (from November 1982 to July 1990) without a recession.