JOEY'S ALL VOL !!!
Calling it like I see it
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I voted for W, and voted for both Rep Senators in the last election.
However, W is a huge disappointmnet, Gore would have been a better President IMO. Bill Clinton was a better President.
IMO W is the worst President in our lifetime.
This is laughable. Gore a better president? A man that goes around fighting hot air and spewing it at the same time. What in the hell would have made him a better president? On top of that what made Bill Clinton a better president? How has your life in America changed from the time Clinton was president to now?
Better in the Clinton years.....I paid less tax and made more money....
Oh, I must have totally misunderstood the part where you were talking about W surrounding himself with incompetence at every turn. My bad.I know you are a lifelong Rep, but I would take Gore over Cheney any day of the week. Are you really trying to compare Bill Clinton with W?....surely not
You paid less taxes and made more money? I am interested to see how anyone who is the president puts a constraint on your personal ability to make money? Also, you made more money and paid less taxes during the Clinton years? It would be hard to know the exact details of your financial transactions but as a whole I have not seen that relationship in existence. Where you make more money and pay less taxes.
Clinton was better than Bush in two main main areas. Ability to put people in place that left the country in good financial shape.
Was the country left in good financial shape? I don't blame Clinton for this but the recession was well on the way when he left office. The NASDAQ crash was in effect and the recession quickly followed.
Clinton did manage to balance the budget but it was primarily driven by the hot growth of the late 90's. Simply put, revenue growth driven by the Internet/tech bubble was the source - not spending reductions. The projected surpluses were based on projections of growth that were unrealistic and never materialized.
W. inherited the recession and the vast majority of economists agree that the tax cuts were the right solution for a soft landing and quick recovery. His spending is out of control though with Iraq being a big factor. However, if you look at the continual reduction in the deficit it is much like the late 90's. Economic growth is boosting revenues (even at lower tax rates) but not quite quick enough to cover spending.
In short, I guess Clinton didn't spend as much as W. but otherwise they are both just along for the ride WRT the economy.
Is spending billions of dollars more then the tax revenue generated really a viable economic policy? If so for how long?
Prior to the balanced budget in the late 90s, I think it had been 20+ years since the federal government hadn't finished a year in the red.