The birth of the Internet era is what saved Clinton and his tax increases. The economy for the first couple of years of Clinton's first term were floundering until Hillarycare finally died and the Republican congress was elected. Then came the Internet boom.
The birth of the Internet era is what saved Clinton and his tax increases.True.
Unless there is another unexpected innovation along the lines of the tech boom, the internet, or Milkin's new finance, or another windfall like the unwinding of the savings and loan mess, Big Washington is in big trouble.
Cut spending, cut regulation and, never mentioned even by Republicans these days, cut taxes!