Quote:
Originally Posted by Claeren
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1) 11.6 Trillion Debt? Wasn't the debt down to like $6 Trillion under Clinton? Yikes.
Claeren.
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I don't know how old you are or if you were politically engaged during Clinton's two terms but, there was this little thing called "the contract with America". It was the brain child of Newt Gingrich and the Republicans in both houses. They ran and won a majority in both houses by promising to balance the budget. They also promised no new taxes. This severely limited Clinton's ability to advance his agenda. For instance Clinton had promised universal health care and had put his wife in charge of drawing up the plan but, Congress would have nothing to do with it. It was going to be too expensive. Clinton had eight years in the spotlight where he could tell people how wonderful he was and American taxpayers got less government. It worked good for both. Also Reagan's trickle down economics had time to bare much fruit and ordinary people prospered.
As for Clinton he is as responsible for this current crisis as anybody:
http://articles.latimes.com/1999/may/31/news/mn-42807
http://query.nytimes.com/gst/fullpag...p=1&sq=&st=nyt
http://www.foxnews.com/story/0,2933,424945,00.html