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To: Huck
I think the more important point is why a deficit grows, and why it shrinks, don't you?

Or do you actually think that Clinton personally shrank the deficit? If so, how? He never ran on it, never said that was his goal, rather, he inherited a booming economy (after lying that it was the worst ever), and a post cold war world (which he and his party did nothing to help gain) that formed a tidal wave of economic growth that shrank the deficit. It surprised him as much as anyone that the economy outgrew the deficit, then he made sure to take credit for the nothing he had done.

Sorry.....that's the truth....but I suspect you can't handle that one.

100 posted on 10/12/2006 9:40:45 AM PDT by Lakeshark (Thank a member of the US armed forces for their sacrifice)
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To: Lakeshark
He never ran on it

That's just simply not true. Whatever you think of x42's policies (or his predecessors'), their mantra was to reverse "12 years of failed economic policies" with "deficits as far as the eye can see." He said it so much, how can you even forget it?

That said, I agree the cause/effect is complex. I've been following some interesting posts regarding public debt that make the whole thing look sorta jokey. Seems as though they are all lying to us.

101 posted on 10/12/2006 9:57:58 AM PDT by Huck (There is a $2.00 service charge for this tagline---do you still wish to proceed?)
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