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Old 10-14-2008, 09:54 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by dalakhani
Now, we are talking!!!!

Hurting business doesnt help the economy. We have to prioritize though. this deficit is killing us. I think we all agree.

yes, clinton was aided heavily by tech boom. i will contend that his policies greatly AIDED the boom.

A big part of what made his economy was his fiscal responsibility. He realized that the deficit was killing us.
However we have had the tech bubble burst and housing bubble burst and are dealing with increased competition in the global market not to mention considerably higher energy prices since those times. Thats not even talking about the current global banking crisis. The deficit simply has to be dealt with over time and cutting spending would be a start. The handouts should wait too but those help get people elected.
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