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Re: PegnVA post# 300100

Sunday, 11/11/2007 10:01:18 AM

Sunday, November 11, 2007 10:01:18 AM

Post# of 495952
RE: Your statement. When you look back, wouldn't you agree Clinton's two terms in office, years of fiscal responsibility, were far more "conservative" than the fake conservative we have in the oval office today...of course, to answer that you will have to set aside (R) and (D) labels first. Can you do that?

Absolutely NOT. No R/D arguments, just facts. Clinton let UBL escape when he had information he could use to dispose of the problem.. Berger went to the Archives and I believe to remove evidence of the White House arguments so the public would never know the true extent of their ineptitude..

The country was in a stock market bubble during most of the Clinton era and there was a great wealth and prosperity which was TOTALLY unrelated to President Clinton's economic decision making.

The country was entering a recession when President Bush was entering office and enherited a mess that eventually forced a very well timed TAX CUT. The benefit was a recession that was the shallowest on record. Were it not for the TAX Cut, oftened termed the most well timed tax cut in history, the country would have fared far worse. 911 came along and might not have even happened had ABL been taken out rather than basically ignored by the administration.

The surplus often cited as a hall mark of President Clinton's stewardship was only a chance development directly related to the stock market bubble. When it burst, the blame should have been directed to the Clinton Administration and the loss of many folks retirement funding was do to the innapropriate stewardship provided by the party in power.

We will have another major problem if President's Bush tax cuts are not made permanent. The Federal tax income has increased 10% or more for each of the last 3 years.
SharonB



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