It was false.Like everything else Clinton. On Apr 16, 3:12�pm, VT VirtualTruth <[email protected]> wrote: > http://zfacts.com/p/318.html > > So tell me again how Clinton did not leave Bush a Surplus. > > On Apr 16, 4:04�pm, dick thompson <[email protected]> wrote: > > > > > Jan 20 - Bush inaugurated. �By March 20 the Democrats were calling the > > Bush deficit. �Between Jan 20 and March 20 Bush did not change any > > spending at all from the Clinton budget nor did he even have his cabinet > > in place. �The Democrats in the Senate (remember they controlled the > > Senate because of Sen Jefford of Vermont) were dragging their heels in > > approving the cabinet. �How can you go from a surplus to a deficit > > without changing the spending defined by the budget unless you really > > had a deficit to begin with. �Later we found that the recession had > > started with the bursting of the IT bubble but the Clinton accountants > > had not taken that into account when they did the math. �Ergo there was > > no surplus to begin with. > > > VT VirtualTruth wrote: > > > Dick for the record explain how Bush did not inherit a surplus? > > > > Also dick could you explain the three other recessions > > > of the Bush Administration? Each worst than the one before it > > > as reflected by ever lower DJIA lows hit by each recession. > > > > Also Dick The minor Recession Bush inherited was limited to > > > the NASDAQ economy and NOT the DJIA economy as noted > > > by the fact the DJIA barely fell. > > > > The announcement from the National Bureau of Economic Research's > > > Business Cycle Dating Committee confirmed what many economists have > > > believed: that the economy has resumed growing, albeit slowly. > > > > "At its meeting, the committee determined that a trough in business > > > activity occurred in the U.S. economy in November 2001," the committee > > > said in a statement Thursday. > > > > The committee, which consists of top academic economists, met in > > > Cambridge, Mass., to discuss the issue. > > > > The 2001 recession began in March that year, so today's announcement > > > makes it an eight-month downturn. > > > > The committee said the length of the downturn was "slightly less than > > > average for recessions" in the post World War II period. > > > > On Apr 16, 3:42 pm, dick thompson <[email protected]> wrote: > > > >> Gotta love the leftist clowns. �They keep talking about the Clinton > > >> surplus but they blamed Bush for the recession in 2 months when he had > > >> not changed any Clinton budgetary spending at all. �The fact is that the > > >> surplus never existed except in the minds of the Enron-like accountants > > >> who worked for Clinton. �Bush was given a deficit and a recession to > > >> start with and the recession had been going on for 3 quarters. > > > >> Keith In Tampa wrote: > > > >>> Except for the current Administration who within less than 90 days, > > >>> has expanded the federal bureauacracy ten fold, and increased the size > > >>> of the budget larger than all budgets combined in our entire 230 year > > >>> history. �President Obama makes George Bush look like a fiscal > > >>> conservative, and we all know that he wasn't. � The point being, is > > >>> that your comparison is moot. � America made a mistake, and it is time > > >>> to limit the damage now Sean!!! > > > >>> On Thu, Apr 16, 2009 at 3:26 PM, VT VirtualTruth > > >>> <[email protected] <mailto:[email protected]>> wrote: > > > >>> � � Sounds great but we all have seen what REALLY happens when > > >>> Republicans > > >>> � � have no one to challenge their fiscal actions or policies. They > > >>> � � doubled the Debt > > >>> � � took a budget surplus and turned it into a record deficit and grew > > >>> � � government > > >>> � � faster than any other Administration in history. > > > >>> � � On Apr 16, 3:13 pm, Keith In Tampa <[email protected] > > >>> � � <mailto:[email protected]>> wrote: > > >>> � � > What point does this make? �That Clinton was a Tax & Spend > > >>> � � Democrat, wherein > > >>> � � > a Republican Congress and their "Contract With America" held his > > >>> � � feet to the > > >>> � � > fire? > > > >>> � � > Nothing in this audio report disputes the facts that I submitted > > >>> � � earlier. > > >>> � � > You have Newt Gingrich, and a Republican controlled Congress > > >>> � � that was > > >>> � � > responsible for a budgetary surplus, period. � Clinton had > > >>> � � literally nothing > > >>> � � > to do with the surplus, and if it were not for a Republican > > >>> � � controlled > > >>> � � > fiscally conservative Congress, who Clinton successfully fought > > >>> � � over and > > >>> � � > vetoed their balanced budget Amendments, we would have had deficit > > >>> � � > spending!! > > > >>> � � > On Thu, Apr 16, 2009 at 3:08 PM, VT VirtualTruth > > >>> � � > <[email protected] > > >>> <mailto:[email protected]>>wrote: > > > >>> � � > > I will let the actual news reports of November 11, 1995 > > >>> � � > > make my point. > > > >>> � � > > >>> >http://www.youtube.com/watch?v=u6KRnWkh45U&eurl=http%3A%2F%2Fcrooksan. > > >>> � � > > >>> <http://www.youtube.com/watch?v=u6KRnWkh45U&eurl=http%3A%2F%2Fcrooksan.>.. > > > >>> � � > > Clinton invested in the future US economy and the result was > > >>> � � > > robust GDP growth that grew the economy out of deficits. > > >>> � � > > Republicans consider this incorrectly as wasted money. > > > >>> � � > > Bush decided to give the surplus away as tax cuts to > > >>> � � > > the rich with the ridiculous idea that the money would > > >>> � � > > bleed down to others. The result was Bush starved the > > >>> � � > > country of much needed future investments. > > > >>> � � > > Obama now must maintain the normal amout of forward > > >>> � � > > investment in the country's future AND make up for the > > >>> � � > > 8 years Bush starved the economy of stimulus investment > > >>> � � > > capital. > > > >>> � � > > On Apr 16, 2:01 pm, Keith In Tampa <[email protected] > > >>> � � <mailto:[email protected]>> wrote: > > >>> � � > > �> Hello Sean!! > > > >>> � � > > > Good to see ya!! > > > >>> � � > > > Thank you for sharing your homoerotic far left extremist > > >>> � � talking points > > >>> � � > > with > > >>> � � > > > the group! �I know that members such as Fritzie, Biffie, > > >>> � � Cosmo-ie and > > >>> � � > > other > > >>> � � > > > far left extremists are proud of you for picking up on and > > >>> � � mimicking the > > >>> � � > > > likes of that gal who is the husband and splashes diesel > > >>> � � behind her ears > > >>> � � > > for > > >>> � � > > > perfume....Whuz-Her-Name....Rachael Maddow, and the other > > >>> � � crazed, > > >>> � � > > demented > > >>> � � > > > Moonbat, Keithie Olberman, but I digress. > > > >>> � � > > > Let's review your premise, and I quote: > > > >>> � � > > > "That the Republican Congress was NOT the reason for this > > >>> � � balanced > > >>> � � > > > budget (during > > >>> � � > > > the Clinton Administration). That Clinton stood up to the > > >>> � � Rhino's (Rhino > > >>> � � > > > being a derogatory term for Republican)" > > > >>> � � > > > ===== > > > >>> � � > > > Sean, let us actually review the facts, and not revisionist > > >>> � � history. �Of > > >>> � � > > > course, all of the data I have attached here can be > > >>> � � documented. �Please > > >>> � � > > feel > > >>> � � > > > free to ask questions if there is anything that you get > > >>> � � confused on or > > >>> � � > > are > > >>> � � > > > frustrated over not comprehending: > > > >>> � � > > > It is true, that the federal budget deficit �tumbled from > > >>> � � $255 billion in > > >>> � � > > > 1993 to approximately �$117 billion in 1996, and that by > > >>> � � 1999, there was > > >>> � � > > an > > >>> � � > > > actual surplus versus a deficit in our national budget. > > > >>> � � > > > In February 1993 President Clinton announced his new > > >>> � � Administration's > > >>> � � > > first > > >>> � � > > > economic program: a $16-billion "fiscal stimulus." � The > > >>> � � spending package > > >>> � � > > is > > >>> � � > > > later abandoned by the Democratic Congress as too fiscally > > >>> � � irresponsible. > > > >>> � � > > > �In February 1993 President Clinton wins passage of his > > >>> � � $250-billion tax > > >>> � � > > > hike; which New York Senator Pat Moynihan accurately > > >>> � � describes as "the > > >>> � � > > > largest tax increase in world history." > > > >>> � � > > >>> >http://www.archive.org/stream/proposedconstitu00unit/proposedconstitu... > > > >>> � � > > > Nevertheless, President Clinton's "Tax and Spend" policy > > >>> � � passes the > > >>> � � > > Democrat > > >>> � � > > > Controlled Congress, without a single Republican vote. The > > >>> � � package > > >>> � � > > contains > > >>> � � > > > approximately $2 of new spending for every $1 of new taxes. > > > >>> � � > > > In September 1993 the Clinton White House lobbies to defeat > > >>> the > > >>> � � > > bi-partisan > > >>> � � > > > Penny - Kasich deficit-reduction bill, which would have cut > > >>> � � federal > > >>> � � > > spending > > >>> � � > > > and the deficit by $90 billion over five years. �The Clinton > > >>> � � White House > > >>> � � > > and > > >>> � � > > > the Democrat controlled Congress prevailed, and the > > >>> � � Penny-Kasich Deficit > > >>> � � > > > Reduction Bill was defeated. > > > >>> � � > > >http://www.archive.org/details/pennykasichamend00unit > > > >>> � � > > > In January 1994 Bill and Hillary Clinton unveil > > >>> � � "ClintonCare." The > > >>> � � > > proposed > > >>> � � > > > hostile federal takeover of one-seventh of the U.S. economy > > >>> � � would add at > > >>> � � > > > least $700 billion to the deficit over the next six years, > > >>> � � according to > > >>> � � > > the > > >>> � � > > > Congressional Budget Office (CBO). > > > >>> � � > > > > ... > > read more �- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum
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