Berkeley CSUA MOTD:Entry 10235
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2025/05/24 [General] UID:1000 Activity:popular
5/24    

2003/9/17-18 [Politics/Domestic/President/Clinton, Politics/Domestic/President/Bush] UID:10235 Activity:high
9/17    I refuse to accept the premise that surpluses are going to
        decline if I'm the president. I think they're going to
        increase, because my plan will increase productivity
        by cutting marginal rates. -GWB 12/7/1999
        \_ WOW, I can't believe that you are blaming the .com
           bubble and its side-effects on GWB.
           \_ Are you claiming that the .com bubble is what forced
              GWB and the Republican Congress to increase federal
              spending by 15%? Right....
                \_ Even if there was no spending increase the
                   surplus would have declined because of the
                   the .com bubble. I'm not saying that what
                   GWB is doing is right, I'm saying that the
                   state of the economy (and hence the budget)
                   is the way that it is due to circumstances
                   out of his control (he could no more have
                   stopped the .com bust than you or I).
                   The only way for GWB to restore the surplus
                   created by the .com bubble would be to cut
                   federal spending drastically, but this would
                   piss off the 'Republicans are Nazi's who
                   don't care about sick, infirm, aged and
                   poor people who aren't white christians'
                   crowd and they would go on national tv
                   crying about how if we just passed up one
                   sidewinder or a single aid pkg to Israel
                   we could have all the welfare and medicare
                   forever. Since Bush doesn't want that, we
                   are stuck with a budget that doesn't (and
                   cannot) properly reflect the economic
                   circumstatnces we find ourselves in.
                   GWB is doing is right, I'm saying that it
                   is largely out of his (or anyones) control.
                   \_ I notice you have avoided the question.
                      The tax cuts and spending increases have
                      done more to increase the deficit than the
        \_ Note: pre-9/11
                      revenue decreases since 2000.
                   \_ There was an article in the WSJ recently
                      plotting federal spending through the Clinton
                      and GWB years.  It was a very nice straight
                      line going down (about 15% total) during the
                      Clinton admin, and a very "nice" straight line
                      going up during GWB's admin, rolling back about
                      80% of what Clinton achieved.
           \_ ^GWB^Gray Davis
                   \_ Davis screwed the state over in the
                      "Energy Crisis". Sure the state was
                      hurt by the .com bubble, but the
                      major screw up was the "Energy Crisis".
                      \_ And sold out to how many different
                         unions?
        \_ Note: pre-9/11
2025/05/24 [General] UID:1000 Activity:popular
5/24    

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