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Originally Posted by Jefferson  The enormous tax increases Clinton ushered in TEMPORARILY padded the coffers. |
I love how you phrase that: "
padded the coffers".
Clinton BALANCED the budget. He didn't "pad" any coffers.
He just made sure we weren't spending more than we were bringing in.
Fiscal responsibility.
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Originally Posted by Jefferson They brought in a lot of money SOLELY because the economy was so strong! But the Clinton tax increases also stifled the economy. That is why, several years later, we saw a RECESSION at the end of the Clinton years. |
How hilarious. "Several years later"...
It's funny how the cause and the effect are so disjointed for anything that the conservatives want to blame Clinton on.
And "stifled the economy"????
The economy was BOOMING under Clinton.
We ALSO saw a recession at the START of the Clinton years. Something that originated during BUSH SENIOR'S presidency.
Funny how you left that out.
By your logic (and creative story-telling), Clinton should still get credit for "pulling" us out of that one, shouldn't he???
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Originally Posted by Jefferson Clinton inherited, but taxed the life out of, an enormous economic boom - one that was brought about by the success of Reaganomics. He taxed the economy into a recession. |
Oh yeah. I almost forgot about how when Clinton (our 42nd president) took over from Reagan's presidency (our 40th presidency), we had an economic boom.
Cause you see, in the history reconstruction blindly embraced by some conservatives, Bush SENIOR'S recession never happened...
Clinton inherited a RECESSION.
Not an "economic boom".
Geezus Christ! It's amazing how black is white and up is down and conservatives can be given credit for the sun rising in the east, but the fact that the sun has to set is obviously the fault of the liberal...
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Originally Posted by Jefferson George W Bush instituted sweeping tax cuts. And guess what? Though it took a little time, it brought about an enormous boost to the economy! It IS happening, whether you and all the other liberals want to admit it, the American economy is currently VERY, VERY strong. |
George Bush's "economic" situation can be given credit to the IMMENSE SPENDING he has done on the WAR.
Not his fricken "tax cuts".
If you pump as much money into the economy as he has, OF COURSE the economy is going to boom.
Hell, I could walk out tomorrow with George Bush's "economic plan", and spend thousands on credit cards. Hey everybody, look at me! I am "economically booming" because there is a lot of cash flowing around me. Look at my success!
But the truth is that George Bush is spending money he doesn't have.
Operating off of a deficit is harmful. And while it isn't the only factor involved, it does harm the status quo.
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Originally Posted by Jefferson ...and by the way, have you noticed how QUIET the liberal media is about the economy these days? 5 years ago, when the stock market plunged, they were all over it like stink on crap. Now, when the stock market continues to set record highs, nobody in the media is talking about it. Can you say "HYPOCRISY"? The economy is booming, and the media will NOT admit it. |
Yeah. It's all a plot to get the black man...
< end sarcasm >
Bad news sells.
Good news doesn't sell as well.
THAT is the reason it's quieter.
"(Gay marriage) is a debate about whether you think gay people are part of the human condition or just a random fetish."
-- Jon Stewart
"Please don't judge others by your own standards."
-- Garysher
