HunterCA
Posts: 2343
Joined: 6/21/2007 Status: offline
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quote:
ORIGINAL: tweakabelle quote:
ORIGINAL: BamaD quote:
ORIGINAL: cloudboy You are BEYOND IGNORANT: The most important achievement in political economy in the Clinton yeas was reducing the federal deficit. Just before his inauguration Clinton held an economic summit in Little Rock, at which academic, business executives, and financiers one after another moaned about how huge federal borrowing to cover debt was making capital too expensive to allow industry to grow. One year later Clinton had rammed through a tax-and -budget bill that turned a chronic deficit into a surplus. The anti-deficit drive was controversial within the Democratic Party, because Clinton seemed to be truckling to financial markets rather than spending more for education and health. It was bitterly resisted by the Republicans; every single Republican member of Congress voted against the new taxes in the plan. It was an enormous gamble on Clinton's part: he had Al Gore cast the tie-breaking vote in the Senate. The historical judgment has to be that it paid off, for Clinton, and, of vastly more importance, for the country. --James Fallows But two things stick out so far from the normal that they will probably be remembered no matter what happens. One of them is the sheer insensate virulence of his critics. If size can be measured by the lip-frothing frustration of one's enemies, Clinton is right up there with Moby-Dick. The other is the five-minute standing ovation Clinton received at the UN at the height of the Monica madness. The applause couldn't all have been for adultery--not even the applause from the French Ambassador. And even if, as his critics maintain, its was all a trick both at home and abroad, the trick had worked wonderfully well. But he couldn't have gotten all five minutes without Kenneth Starr. So his greatest accomplishment was forced on him by the Republicans. The article that you are commenting on says: "The most important achievement in political economy in the Clinton yeas was reducing the federal deficit. ........The anti-deficit drive was controversial within the Democratic Party, because Clinton seemed to be truckling to financial markets rather than spending more for education and health. It was bitterly resisted by the Republicans; every single Republican member of Congress voted against the new taxes in the plan." Somehow you have managed to find this conclusion in those words: "So his greatest accomplishment was forced on him by the Republicans." Please note the bit above I have bolded, which seems to directly contradict your conclusion. I am forced to conclude that either (a) you regard as 5 minute ovation at the UN as a greater "accomplishment" than turning the Federal Budget deficit into a surplus; or (b) you have completely misread/misunderstood the article, or possibly both (a) and (b). I am hoping there is another explanation that I have somehow missed. IF there is please point it out to me. Because as things stand I am unable to see how it's possible to arrive at your conclusion (rationally) unless either or both (a) and (b) apply. You see Tweaka, that is how you become a racist. You focus on your hate, you read only what feeds your hate, then you rationalized ( which in your mind sounds like smart logic) based on your hate, limited information and emotive hysterical reasoning. http://www.cato.org/publications/commentary/no-bill-clinton-didnt-balance-budget quote:
Let us establish one point definitively: Bill Clinton didn’t balance the budget. Yes, he was there when it happened. But the record shows that was about the extent of his contribution. quote:
Now let us contrast this with the Clinton fiscal record. Recall that it was the Clinton White House that fought Republicans every inch of the way in balancing the budget in 1995. When Republicans proposed their own balanced-budget plan, the White House waged a shameless Mediscare campaign to torpedo the plan — a campaign that the Washington Post slammed as “pure demagoguery.” It was Bill Clinton who, during the big budget fight in 1995, had to submit not one, not two, but five budgets until he begrudgingly matched the GOP’s balanced-budget plan. In fact, during the height of the budget wars in the summer of 1995, the Clinton administration admitted that “balancing the budget is not one of our top priorities.”
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