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To: blam
why did the economy post noticeable growth after tax increases were implemented in 1993...because the people finally wised up in 1994 and elected a Republican House, which proceeded to force Mr. Clinton to finally balance the budget and cut back on government spending to match the funding he was bringing in........
53 posted on 06/07/2010 9:08:00 PM PDT by Intolerant in NJ
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To: Intolerant in NJ

Reagan spent a lot of money in the 1980s to build up the military and push the Soviet Union into oblivion. This raised the deficit. In 1991, victory in the first Gulf War showed the overwhelming superiority of American technology and military might. The Soviet Union collapsed in short order, ending the Cold War and leaving the USA the world’s lone super power, and with a secure source of energy in the ME.

Clinton lucked into this and got to spend the “peace dividend” given to him by Reagan and Bush the Elder.

It ain’t rocket science. Libs like to forget what led up to Clinton’s glory years.


60 posted on 06/07/2010 10:06:19 PM PDT by BigBobber
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