Quote:
Originally posted by Spanky
He raised taxes just to cover the increased spending. And the deficit actually increased, because of that spending, even in a growing economy. So even with Bentsen and Rubin the bond markets didn't buy their B.S. The best possible decision would have been not to increase spending at all until the deficit was gone, but being a Democrat administration with a Democrat Congress that was not an option.
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Too lazy to rebut the rest right now, but according to the CBO
http://www.cbo.gov/showdoc.cfm?index=1821&sequence=0 you are flat wrong. The deficit declined from $290 billion in 1992 to $255 billion in 1993, and then to $203 billion in 1994 (when the GOP won the House). Where is this increase in the deficit during Clinton's first two years that you mention?
It also doesn't look like spending went up all that much in this time period, either.
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