Thank you for posting this... LONG OVERDUE STORY to refute the crapola being put out by Bubba, the Dem Media, and the Obama liars. Thanks to Clinton’s tax hike (retroactive to Jan. 1, 1993, before he was sworn in), the economic recovery (which began around a year before the election despite “it’s the economy stupid” media meme) was quite muted by the standards of the previous decade. It wasn’t until the GOP took over Congress in 1995 and the passage of the reduction in the cap gains tax rate (which poured in over $100 billion in tax revenues each year in the late 1990’s) that growth took off and the budget was balanced. At the beginning of his term, Bubba’s budget deficits were always over $200 billion “as far as the eye can see.”
The other key to the Clinton era prosperity was the earlier (1980’s and early 1990’s) investment in technology (networking, the internet, computers, cellphones) and biotech that came to fruition and maturity in the 1990’s. Clinton was a lucky recipient of all of that capitalist productivity.
Stealing your GREAT comment for my FB.
Every FReeper should be emailing this out. We’ve given the grifter Clintons an easy pass. Remember Waco, Elian Gonzalez, Vince Foster, etc. These people are smiling vipers and their daughter is being groomed for a leading role on the plantation.
Reagan reduced taxes and growth took off.
But pros/libs/dems have drumbeat for decades how evil he was.
So if you point this out they spew.
Everyone should Google JFK’s “Tax Cut Speech”, learn it, quote
it, print it and hand it to dems and ask them to explain it
and the history behind it. Make them repudiate their own hero.
Sadly, they will spin and deny history.