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Originally posted by Spanky
Clinton only helped reduce the deficit by raising taxes.
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Once again -- tax and spend beats borrow and spend, every single time.
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It took a Republican congress to reduce spending.
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what is the Repub congress doing now?
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The recession caused the bulk of the deficits we have now.
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Bullshit, bullshit, bullshit. You people have been crowing about how the Bush tax cuts ended the recession and stimulated the economy. Yet the deficits continue to loom over us.
Either that's a crock of shit -- and you admit that, after five years, Bush's monetary policies have been an abject failure -- or the recession has been long over, and is not the cause of the ever-growing national debt. Which is it?
The deficits are the result of spending more than we take in. Very simple. Bush and the Repub congress made the problem worse on both ends of the equation -- spending increases plus massive tax cuts (and stupidly designed tax cuts to boot -- what the hell is the economic incentive created by eliminating the estate tax? Has anyone in history ever decided not to get rich because they were upset that they wouldn't have the money after they were dead? If anything, the estate tax promotes economic activity because people choose to spend money so they can "die broke", as the book title says.)
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No matter how bad it is now, it will always be worse with Dems. Demns only talk fiscal conservatisim to attack Repubs but they never act on it when they are in power.
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Clinton may not have been a fiscal conservative, but he certainly exercised fiscal prudence. We haven't seen any in five years now.
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There is never any reason to raise taxes. The way to fiscal sanity is through spending cuts. If there is one thing Dems can't do is cut spending.
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Bullshit, bullshit, bullshit. Clinton raised taxes and balanced the budget. End of story.
And if you still blame Dems for increases in spending, after five years of total Repub domination, you are delusional. The earth is flat.
