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To: misterrob
Return to the 2001 budget level....

Ah yes, Clinton's budgets were soooo wonderful.  Not!

His FY01 budget was a disaster that took years to clean up after becuase it gutted defense and still had soaring taxes.   After rebuilding our military we were far better off by '07 with lower taxes and shrunken deficit.

18 posted on 02/21/2010 11:11:49 AM PST by expat_panama
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To: expat_panama

Are you kidding me?

Go back and look at the amount of deficit that had been amassed over the first 7 years of the Bush administration. Clinton’s budget (with a Repub Congress) in 2001 fell into a deficit due to falling revenue from the Tech crash and Bush’s spending and other gimmicks.

And, the laws of math will tell you that you cannot boost your spending, cut taxes and borrow the difference without it biting you in the ass hard later on.


32 posted on 02/22/2010 4:22:01 AM PST by misterrob (Have you tea bagged a liberal today?)
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