XPost: alt.fan.rush-limbaugh, talk.politics.guns   
   From: governor.swill@gmail.com   
      
   On Wed, 03 Jul 2024 17:58:57 +0000, Mitchell Holman wrote:   
      
   >     Clinton raised taxes, balanced the   
   >budget and the economy boomed. In fact   
   >his budgets would have paid down the   
   >national debt if they had been allowed   
   >to continue. But Bush deliberataly   
   >killed the budget surplus because he   
   >thought it was PROBLEM. Tax cuts were   
   >more important.   
      
   That's an overstatement.  The economic boom wasn't caused by Clinton's   
   budgetary   
   management.  It would have happened anyway.  If you'll recall, it was based on   
   Internet   
   growth.  Do you really think consumers would not have bought computers if Bush   
   or Dole had   
   presided over the nineties?   
      
   As Jones wrote, Clinton got economically lucky.  That said, while Bush and   
   Dole would have   
   cut taxes and increased spending, Clinton took advantage of the boom to stall   
   economic   
   growth for a time.  I shudder to think what the current US debt would be if   
   Clinton had   
   never been elected.   
      
   >"You see, the growing surplus exists because taxes are   
   >too high and government is charging more than it needs."   
   >Bush Address to Congress, Feb 2001   
      
   And knowing that, he still couldn't see his way clear to keeping debt growth   
   down?   
      
   Makes his behavior as President even more deplorable.   
      
   Swill   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)