that's like me saying that the 1980s economy was only propped up by massive government spending increases in the industrial sector, particulary the military industrial complex.
clinton lovers?
- Thread starter Chapdog
- Start date
that's like me saying that the 1980s economy was only propped up by massive government spending increases in the industrial sector, particulary the military industrial complex.
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The Almighty
cawacko
Well-known member
you can say that if you believe that is the truth.
evince
Truthmatters
http://research.stlouisfed.org/publications/review/98/11/9811jt.pdf
Cawacko , Al Gore did alot towards creating the atmosphere in which the Dot com thing took place.
This is why the Rs loved to misquote him about his involvement in it. Everytime someone brings it up your team goes into comedy about the manufactured lies about what Gore said instead of looking at what he really did.
Cawacko , Al Gore did alot towards creating the atmosphere in which the Dot com thing took place.
This is why the Rs loved to misquote him about his involvement in it. Everytime someone brings it up your team goes into comedy about the manufactured lies about what Gore said instead of looking at what he really did.
evince
Truthmatters
How much of it was off budget interest on what Reagan left us?
I don't believe you can make simplistic statements about any president's economic stewardship, by pointing to one sector of the economy.
Who do you think was a better steward of american economic policy, on balance: Bill Clinton? Or the guy you voted for twice (Bush)?
cawacko
Well-known member
What the hell did Al Gore do that help created the boom? You have got to be kidding me.
The people that created the boom were the entrepreneurs and those with the cash willing to fund them.
evince
Truthmatters
This point has been discussed in the other thread regarding the bookkeeping and accounting shenanigans. However, one party was in favor of the lock box, which incidentally would have been used to pay for some of the off-book intragovernmental holdings while the other wanted tax cuts.
Look at the trend lines for the debt and you will see exponential increases for Reagan and Bush I, a leveling off under Clinton followed by a exponential increase under Bush II.
You're deluded with your "they're all the same" nonsense.
Battleborne
Terminator
Beats me..............
However she would inherit his box of Cuban Cigars...and if she made it to the Whitehouse...well she could carry on Bills tradition in the blue room with student aids...
However she would inherit his box of Cuban Cigars...and if she made it to the Whitehouse...well she could carry on Bills tradition in the blue room with student aids...
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The Almighty
Dung... please list all of the spending under Reagan that occured without Tips approval. Thanks.
evince
Truthmatters
http://en.wikipedia.org/wiki/High_Performance_Computing_and_Communication_Act_of_1991
It was Al Gore bill which helped get the internet moving forward into what it became.
You claim doesn't match up with official US Government records.
http://www.gpoaccess.gov/usbudget/fy07/pdf/hist.pdf
Reagan (FYE 1981-1988) piled on 1.58 trillion $ of debt
Clinton (FYE) 1993-2000) added on 1.27 trillion $ of debt.
The inflationary effects too, made the magnitude of reagan's debt far worse as dung pointed out.
In addtion, Clinton stopped the hemoraging and reversed the trend of debt growth, and set us up to begin paying it down - before your president enacted a series of ill considered tax cuts.
Freak - Please list all spending that occurred without Reagan's approval while Tip was Speaker of the House. Thanks.
LOL Seriously.
Look Cypress, if you want to get off SF's ignore Userl lister, you have to stop owning him like that. Its not polite.
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The Almighty
Exactly. Which is why we have been saying both parties are just as bad as each other on spending. The only time you can point to one party or the other is when one party controls the Senate, House and White House. Which is why I said before that Bush is the worst. He had both houses under Rep control and still spent worse than anyone in history.
evince
Truthmatters
http://zfacts.com/p/869.html
Reagan made outrageous claims about what his tax cuts would produce and then made it look like overspending was the dems deal.
To understand how the ruse works, a brief review of the budget process is helpful. A budget passed by Congress is not written in stone; there are actually many flexible items in it. One example is unemployment. The budget says, "Pay each unemployed person XXXX amount in unemployment compensation." If the unemployment rate rises higher next year than anticipated, the budget automatically pays these extra individuals without requiring Congressional action.
Another example of a flexible budget item is interest on the debt. If interest rates soar or receipts drop more than expected, then interests costs are going to be greater. These are paid without Congressional action (unless the debt limit is reached).
In the president's budget proposals, he must estimate next year's unemployment rate, interest rates, and several other economic indicators. We have already seen that in Reagan's first budget, David Stockman came up with a super-optimistic forecast that predicted 5 percent economic growth. (The higher the growth, the less government has to spend on unemployment, welfare, stimulus packages, etc.) Today, Stockman derisively refers to his first budget as the "Rosy Scenario." Although Reagan's remaining budgets were not quite as far-fetched as the Rosy Scenario, they were indeed much too optimistic. In fact, the only reason why spending surpassed the requests in only 7 instead of all 8 years was because one year -- 1984 -- actually saw a phenomenal spike of 6 percent growth.
Freak - Please also list the amounts Reagan sad he would spend for any veto override. For example, in 1982 Congress overrode a Reagan veto of a supplemental appropriations bill citing the cost. However, the bill was actaully 2 billion less than Reagan had origianlly requested, he just didn't like what the money was appropriate to. So, in this case Congress spent 14.2 billion that Reagan didn't approve but since his request was for about 16 billion he doesn't get a 14.2 billion dollar credit towards his bill. Get it?
I'll wait.
I'll wait.