To: Huck; SierraWasp; Ernest_at_the_Beach; tanknetter; Grampa Dave
It's so funny how the Clinton era surpluses are all explained away, but a slight dip in the Bush deficit is iron clad. These people are so emotionally attached. No ability to be objective. Clinton never fought the war he should have (Iraq), never prosecuted the, MCI's, Global Crossing's, Enron's, etc., never had the 9/11 hit he could have prevented (est. $1.8 trillion economic hit), never faced sustained $6-8.00 natural gas prices, sustained $40-$60 crude prices, never faced up to his buddies dot-com bubble bursting, never did shit but claim credit for the spillover Reagonomics that fell in his SCUM stained lap.
Easy to forget the war wer'e fighting, both there and here at home.
119 posted on
08/10/2005 12:36:09 PM PDT by
BOBTHENAILER
(One by one, in small groups or in whole armies, we don't care how we do it, but we're gonna getcha)
To: BOBTHENAILER
Like I said, Clinton surpluses are explained away; Bush deficit blips are instantly celebrated. Back when Reagan was running up deficits, the GOP used to blame the Congress. Can't do that anymore.
123 posted on
08/10/2005 12:42:02 PM PDT by
Huck
(Whatever.)
To: BOBTHENAILER
Clinton never fought the war he should have (Iraq), never prosecuted the, MCI's, Global Crossing's, Enron's, etc., never had the 9/11 hit he could have prevented (est. $1.8 trillion economic hit), never faced sustained $6-8.00 natural gas prices, sustained $40-$60 crude prices, never faced up to his buddies dot-com bubble bursting, never did shit but claim credit for the spillover Reagonomics that fell in his SCUM stained lap.
I agree wholeheartedly. People tend to forget the somewhat-stunned reaction when the growing 1990's economy threw the budget into surplus. Very few were expecting it ... iirc Clinton went from promising to eliminate the deficit in 10 years to promising to eliminate the entire debt in 10 years.
I think that there's some solid analysis out there that Clinton and Bush41's tax increases acted as brakes on the economy ... but that even with the brakes the economy still wildly outperformed expectations based on the unanticipated tech bubble.
I wouldn't attribute the 1990s surplus to Clinton by any means ... it was a product of the tech boom. Likewise the 00's deficits are a result of that boom crashing, plus wartime spending, plus the spending deals that have to be cut on Capital Hill to get the wartime spending (something that President Reagan had to deal with, btw, to get the military buildup that helped end Soviet Communism).
To: BOBTHENAILER; SierraWasp; Grampa Dave; Huck; blackie; commonasdirt; vik; So Cal Rocket; ...
Speaking of Clintooon, this just in:
The Daily Terrorist Round-Up 8/10/05
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Jamie Gorelick and the Clinton Administration's Policies Protected 9/11 Cell
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