Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: knews_hound
Please give me 5 examples of any policy Clinton/Gore that were directly responsible for the run up in the Dow.

The Clinton-Gore economic package of 1993 included a tax increase on the richest 2% of taxpayers; a tax reduction for several million in the lowest brackets; and reductions in spending in many federal budgets. Not a single Repukie voted for Clinton's package, and Steve Forbes even recommended that readers of his rag invest in Japan to avoid the economic debacle he felt was certain to follow.

The result was the greatest prosperity in U.S. history. Repukies frustrated by Dumbya's failures call it the "Clinton Bubble" but if the Dems were still in charge as they were in 1993 we wouldn't have all the problems little Dumbya has saddled the country with.

122 posted on 12/19/2002 7:12:08 AM PST by MurryMom
[ Post Reply | Private Reply | To 66 | View Replies ]


To: MurryMom
In Oct 1994 the CBO released its mid-session review of the Clinton economic policy. Compared to its January 1993 forecast, issued before Clinton's program was enacted, the current CBO forecast showed deterioration across the board. By 1997, every major economic indicator would continue to get worse than it would have been had Bill Clinton done nothing. Unemployment would be higher, inflation would be higher and real economic growth would be lower.

Clinton knew as much about the economy as he did about foreign policy - zip.

123 posted on 12/19/2002 7:30:08 AM PST by skeeter
[ Post Reply | Private Reply | To 122 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson