The fact is the ecomony boomed in the nineties for other reasons, mostly the tech boom, despite Clinton raising taxes...the economy boomed in the nineties because two years after Clinton raised taxes the economy started to collapse and the public finally came to its senses and elected a Republican House for the first time in forty years - the Republicans made Clinton get serious about balancing the budget which with their pressure he finally did and that's why the economy boomed.......
To: Intolerant in NJ
Yes, I mentioned pressure from the Republicans. But you can balance the budget and still not have a booming economy. Lowering the capital gains taxes made lots more people put money in the stock market which made that soar and produced more tax money to balance the budget. And the tech boom was roaring. Of course, that was sort of a bubble and collapsed in 2000. Clinton never gets blamed for that.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson