Clinton On '60 Minutes': Tax Cut Is Bad Economics

katv.com ^ | March 9, 2003 | AP

[Nachum]

New York (AP) - Former President Clinton, in his first televised mini- debate with Republican Bob Dole on Sunday, said that a tax cut at a time that war is looming in Iraq is "bad economics."

Dole, Clinton's opponent in the 1996 presidential election, said the Bush administration has launched a global war to protect the American way of life, "which means, among other things, the freedom to save or invest our own money."

The retired politicians have agreed to revive the "Point-Counterpoint" segment on "60 Minutes," television's most popular newsmagazine.

In the two-minute debate, the two will face off on a subject of their own choosing. Sunday's segment was the first, and Clinton chose to talk about is successor's proposed tax cut; Dole gets to choose the next segment.

Clinton said a conflict with Iraq and the subsequent rebuilding will cost many billions of dollars when the country is at a deficit.

"Now when we're cutting back on everything from homeland security to education and with Iraq still to pay for, your party wants another big tax cut," Clinton said. "Never before have we had a big tax cut in times of national crisis. Lincoln didn't. FDR didn't. With over 200,000 young Americans in the Persian Gulf, we shouldn't. It's wrong and it's bad economics."

Dole responded that it didn't have to be one or the other.

"For President Bush to practice the economics of "either/or" would not only invite political attack from your friends who want his job, it would risk winning the battle and losing the war," the former Senate majority leader said.

After their initial 45-second segments, both politicians were given 15 more seconds to make another point.

"Leadership is about choosing," Clinton said. "So let's give up our tax cut."

No way, said Dole, arguing that many of the nation's economic problems could be traced to an economic hangover from the roaring '90s.

"The Bush tax cut has barely kicked in," Dole said. "But I'll tell you what. I'll gladly donate my tax cut to a worthy charity, if you will. Maybe even to the Clinton library."

[nopardons]

It was not only the HIGHEST tax increase, it was also retroactive , which is unConstitutional, against the law, and taxed the DEAD ; yet once again !

[green team 1999]

i like mr.Dole answers,the national security and the people first,vs bill clinton the weasel.

[Mo1]

OK, thanks .. I thought it was, but I wasn't sure

I remember my congresswomen SWORE she would not vote for this and at the last minute Clinton got to her and she voted yes

Now she is forever known ad One Term Margie

BTW .. her husband was just sentence to prison from ripping off everyone and his mother in-law

[nopardons]

I remember that and I read about her husband . It's no longer " safe " for these nitwits; not with FR around and people who have very long & accurate memories. LOL

[DoughtyOne]

Thanks Suzyq. Yes some folks probably watched it. Disgusting to the max! You take care.

[PRND21]

"Leadership is about choosing," Clinton said.

That explains the fat whore in a thong.
Dole should be ashamed. Viagra, now Clinton? Ouch.

[Mo1]

LOL .. YEP .. aren't Freepers Great!

[nopardons]

:-)

[Teacher317]

Clinton said. "Never before have we had a big tax cut in times of national crisis. Lincoln didn't. FDR didn't.

Well, dolt, we've only had three "big tax cuts" in our history: Coolidge, JFK, and Reagan. Are you saying that JFK's presidency didn't see a crisis (the Cuban Missile Crisis)? Are you saying that Reagan didn't (Carter's economic crisis featuring stagflation, Carter's Iran hostage-taking crisis, and Reagan's arms race that decided the Cold War)?

Frickin' moron. As always, rhetoric posing as rational thought for Slick Willie.

[Brian Allen]

IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"
IMPREACHED EX-"presidente"

[JoeSixPack1]

EX-IMPREACHED PRESIDENT...

You trying to tell me something? :-)

[Brian Allen]

Nah -- I didn't proof it either -- just wanted to be sure we all understood there was nothing "EX" about the predatory, psychopathologically-criminal bastard's IMPEACHMENT!

[JoeSixPack1]

Well, at least you cleaned up my grammatical error. :-)