Ken, unless you missed it we all know Bill was a horndog, and we also DON'T CARE!
Seeing as you can't seem to follow a simple directive from the Leader of the Republic Party the former "nod, nod, wink, wink", drug addicted, Illegal Viagra popping, child prostitution capital visiting, anal cyst deferment taking, Rush Limbaugh and not look back, let me remind you when Bill left office he had an approval rating of 66% which is double what the fantasy of your homoerotic dreams George Bush left office with.
So thanks for reminding us when things were really great, the economy was booming, and we were a respected world power. Keep the Clinton updates coming, it is sweet nostalgia of the good ole days, when the big news was who was Clinton screwing not how screwed we were.
"Although it is not true that all conservatives are stupid people, it is true that most stupid people are conservative." John Stuart Mill
by
Hubble on
04/25/2009 10:45:02 AM EST
Ran out of flag pins to obsess over so you had to go back 8+ years to find a new irrelevant topic?
"No, you are a paid blogger assigned to counter anyone that posts something negative about the government or Obama." by Mcamelyne II on 05/17/2011
by
Robrob on
04/25/2009 02:28:17 PM EST
Balanced Budget? That was called “Contract With America”, and was the result of a GOP controlled Congress writing the budget.
That is, simply not true ken. But you already know that.
Since Clinton first took office, the deficit has steadily come down, due in part to anti-deficit measures pushed through by the Democrats in 1993 and last year's bipartisan budget deal but mostly because of six years of relentless economic growth. The combination of an expanding economy, low unemployment and declining demand for Medicaid, welfare and other entitlement programs produced a flush of revenue. The 1997 Balanced Budget Agreement--the first nominally balanced budget in 30 years--received insufficient attention. It was, in a way, the ultimate demonstration of the New Clintonism. The real victory wasn't in the "zero" at the bottom line, but in the dozens of line-item skirmishes won.
Washington Post Staff Writers
Tuesday, January 6, 1998
The Clinton years showed the effects of a large tax increase that Clinton pushed through in his first year, and that Republicans incorrectly claim is the "largest tax increase in history." It fell almost exclusively on upper-income taxpayers. Clinton's fiscal 1994 budget also contained some spending restraints. An equally if not more powerful influence was the booming economy and huge gains in the stock markets, the so-called dot-com bubble, which brought in hundreds of millions in unanticipated tax revenue from taxes on capital gains and rising salaries.
Clinton's large budget surpluses also owe much to the Social Security tax on payrolls. Social Security taxes now bring in more than the cost of current benefits, and the "Social Security surplus" makes the total deficit or surplus figures look better than they would if Social Security wasn't counted. But even if we remove Social Security from the equation, there was a surplus of $1.9 billion in fiscal 1999 and $86.4 billion in fiscal 2000. So any way you count it, the federal budget was balanced and the deficit was erased, if only for a while. FactCheck.org
by
MRFred on
04/25/2009 11:43:18 PM EST
