er....what? lolOriginally Posted by tony
gingrich cockblocked his ass
er....what? lolOriginally Posted by tony
gingrich cockblocked his ass
Originally Posted by rrutter81
Bill Clinton 1993-1997 debt/GDP -0.6%
Bill Clinton 1997-2001 debt/GDP -8.2%
Originally Posted by tony
during those years our national security apparatus really took a hit in the budgets so where he cut spending is not a secret.
1 moer thing I have to mention though. Since the late 70's the Republican party and the conservative platform have been drifting apart. I have a feeling that that is a big part of the problem republicans are having now. They are more like the dems of the 60's than the reps of the 60's while the dems have drifted so far to the left that I'm not even sure they are in the same playing field anymore.
After Gingrich and the Reps. swept into office in 94 with the "contract with America", Clinton worked with Congress to balance it. Don't forget that Clinton pushed the largest tax increase in US history in his first 2 years which led to the Reps. winning Congress for the first time in 42 years in 94.Originally Posted by tony
You have to take in to account everything instead of skewing the LARGEST tax increase in U.S. history vs spending.
But the budget was balanced nonetheless, forget all these little stupid partisan explanations.. the data is straight forward.Originally Posted by rrutter81
dude you are so full of shit.Originally Posted by tony
When Republicans assumed control of Congress in 1995, their foremost goal was to keep a promise they made to the American people: To balance the federal budget and to cut their taxes. However, standing between Republicans and the fulfillment of their promise was the President. Now after more than two years of refusal, President Clinton has finally agreed to a balanced budget that reduces taxes.
Getting to this point has not been easy. Prior to Republicans assuming control of Congress in 1995, President Clinton refused to embrace the idea of a balanced budget. Clinton's first budget called for an astronomical tax hike of $220 billion that Democrats in Congress increased to $240 billion.
Clinton's first three budgets -- released in 1993, 1994, and 1995 (for FYs 1994, 1995, and 1996 respectively), left deficits of $241.4 billion, $201.2 billion, and $194 billion by his own estimation (which CBO scored at $228.5 billion, $206.2 billion, and $276 billion respectively). In the meantime he vetoed the Republicans' budget in 1995 -- a budget that would have cut taxes and been the first to have balanced since 1969. Not until election year 1996 did he even aspire to balance, producing a budget that left an $81 billion deficit in its final year.
This is on a government site btw.
http://www.senate.gov/~rpc/releases/...UDDEAL2.JT.htm
Clinton was a failure masked by republicans (newt gingrich) balancing the budget and Clinton finally caving.
if clinton was so God awful...how come your boy mccain had to call hillary to ask about what to do with the economy???? why didn't he just call the father of "reaganomics" jack kemp??? oh and to correct you in an earlier post...dems weren't in control of congress during the reagan presidency until his last 2 years.Originally Posted by rrutter81
u fail worse than anyone.... republicans didnt have contorl of the house until the 90s and before that was 40 fricken years. WAYYYY before reagan.Originally Posted by stephen
go check your history before you spout bullshit on this forum because i need some boots for the shit you spill.
That wasnt the debate. Newt Gingrich MADE bill clinton sign the balanced budget amendment and made sure he did. hell they camped out waiting for him to cave and when he did it finally went from a tax+spend legislation to tax+pay legislation.Originally Posted by tony
As far as economy goes that is up for debate and i dont feel like educating people who can only think of president's term and the economy at that time when others before him set the stage.
I will say this though, the deregulation of redlining and subprime mortgages that GOT US IN TO THIS MESS was ALL CLINTON ERA.
95% of it....rest of it was Carter during the Community Reinvestment Act. I wont fault clinton 100% but acorn and those democratic rejects made sure we fell real quick. I hope obama is elected, it will show u a whole new world of RETARD for everyone.
Last edited by rrutter81; 10-21-2008 at 12:09 AM.
Seriously, your head is so far up your ass that even if I typed it in 2nd grade terms it would still fly far over your head so you know what, you're right. Newt Gingrich is all the reason for the good economy in the 90's.Originally Posted by rrutter81
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