ProfJohn
Lifer
- Jul 28, 2006
- 18,251
- 8
- 0
Craig,
post 2, I was talking mainly about the economy and taxes and spending, no deficits and such. In that narrow view where is what I said wrong?
As far as economic and taxes and all that, I am no economics Professor, but everything I have read supports the tax cuts = more revenue and better economy argument.
Post 1, On capital gains tax cuts Over on this thread I posted proof that the capital tax cuts resulted in more money than expected. After the cuts we ended up with $26 billion more than was expected if we had done nothing.
Yes, Clinton and the Dem reduced the Deficit below the insane level it was under George 41, but after getting it to the $190 billion point Clinton seems to think that he could stop there, as evidenced in his FY96 budget. I wish I could find the FY95 budget in the same form as the FY96 to present budgets, but it is not on the web in the same form. I would love to compare FY95 to 96 etc and see what trends we notice. One this is certain, look at the FY 96 and then the FY 97 and you see a HUGE cut in spending from year to year, in the order of $200 billion over 5 years.
As I said before, there is still no plan by Clinton to BALANCE the budget during his term. I do not think he ever had such a plan. Without a Republican congress I do not think we would have seen a balanced budget. The roaring economy would have caused either greatly reduced deficits, or more spending by congress, hard to tell which for certain. One this we know is that the $150 billion in less spending and some $800 billion more in revenue equaled the $500 billion in surpluses during that time.
Is there any point in going on? I stated my argument, you stated yours. I believe that Clinton alone would not have balanced the budget. I am not sure you think that Clinton and Dems would have done the same, but otherwise we aren?t going to change any minds here right?
BTW: I stated in a previous post that there is no proof Clinton told Monica to lie.
However, there was as plan in place to deny the relationship if ever asked about it, i.e. if asked we will just both lie about it.
Secondly, Monica turned in an affidavit that Clinton knew was not true, therefore he knew she was lying and took no action. Now if a lawyer or police office did that they would be in trouble, that is one of the reasons Clinton got hit with contempt charges. (From my little 5 min search of the Starr report it seems that they did a good job of teaching Monica how to lie without lying. I.E. "Monica, were you ever alone with the President?" "Well I am not sure, I might have brought him a letter or two." See, it's a lie of omission. That is why we see lots of ?I don?t recall? when politicians testify on anything, it is not the truth, but it is not a lie either.
And no matter what Clinton himself did lie so the rest is icing on the cake.
post 2, I was talking mainly about the economy and taxes and spending, no deficits and such. In that narrow view where is what I said wrong?
As far as economic and taxes and all that, I am no economics Professor, but everything I have read supports the tax cuts = more revenue and better economy argument.
Post 1, On capital gains tax cuts Over on this thread I posted proof that the capital tax cuts resulted in more money than expected. After the cuts we ended up with $26 billion more than was expected if we had done nothing.
Yes, Clinton and the Dem reduced the Deficit below the insane level it was under George 41, but after getting it to the $190 billion point Clinton seems to think that he could stop there, as evidenced in his FY96 budget. I wish I could find the FY95 budget in the same form as the FY96 to present budgets, but it is not on the web in the same form. I would love to compare FY95 to 96 etc and see what trends we notice. One this is certain, look at the FY 96 and then the FY 97 and you see a HUGE cut in spending from year to year, in the order of $200 billion over 5 years.
As I said before, there is still no plan by Clinton to BALANCE the budget during his term. I do not think he ever had such a plan. Without a Republican congress I do not think we would have seen a balanced budget. The roaring economy would have caused either greatly reduced deficits, or more spending by congress, hard to tell which for certain. One this we know is that the $150 billion in less spending and some $800 billion more in revenue equaled the $500 billion in surpluses during that time.
Is there any point in going on? I stated my argument, you stated yours. I believe that Clinton alone would not have balanced the budget. I am not sure you think that Clinton and Dems would have done the same, but otherwise we aren?t going to change any minds here right?
BTW: I stated in a previous post that there is no proof Clinton told Monica to lie.
However, there was as plan in place to deny the relationship if ever asked about it, i.e. if asked we will just both lie about it.
Secondly, Monica turned in an affidavit that Clinton knew was not true, therefore he knew she was lying and took no action. Now if a lawyer or police office did that they would be in trouble, that is one of the reasons Clinton got hit with contempt charges. (From my little 5 min search of the Starr report it seems that they did a good job of teaching Monica how to lie without lying. I.E. "Monica, were you ever alone with the President?" "Well I am not sure, I might have brought him a letter or two." See, it's a lie of omission. That is why we see lots of ?I don?t recall? when politicians testify on anything, it is not the truth, but it is not a lie either.
And no matter what Clinton himself did lie so the rest is icing on the cake.