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re: What history books in the future will cite for today as "they should've known"
Posted on 2/22/24 at 1:19 pm to Cheese Grits
Posted on 2/22/24 at 1:19 pm to Cheese Grits
Didn't Clinton balance it and left Bush with a surplus?
5
Posted on 2/22/24 at 1:21 pm to MontyFranklyn
quote:
Didn't Clinton balance it and left Bush with a surplus?
I don’t think either Bush left with a balanced budget, much less a surplus. I believe Clinton left with a surplus but that was riding the Dot.Com AND subprime housing bubble that both piped under W. so in my mind his balance was built on lies.
We haven’t had a fiscally responsible president since Andrew Jackson.
Posted on 2/22/24 at 1:52 pm to MontyFranklyn
quote:
Didn't Clinton balance it and left Bush with a surplus?
He did. One of the first things Bush did after he won was to mail every 1999 tax filer $300. Then he shoved through a tax cut his own Treasury Secretary called reckless, and started a couple of random wars.
Then we elected Obama out of spite at how stupid Dubya was.
Then we elected Trump out of spite at how racist Obama was.
Then a bunch of suburban white women latched onto covid as a way to stay home all day, and here we are: Idiocracy.
Posted on 2/22/24 at 3:55 pm to MontyFranklyn
quote:
Didn't Clinton balance it and left Bush with a surplus?
Clinton opposed the efforts to balance the budget.
Don’t forget that spending bills originate from the House of Representatives which was under Republican control back then
He very reluctantly signed off on the legislation.
If interested: LINK
quote:
And lest we forget, it was Bill Clinton and his wife who tried to engineer a federal takeover of the health care system — a plan that would have sent the government’s finances into the stratosphere. Tom Delay was right: for Clinton to take credit for the balanced budget is like Chicago Cubs pitcher Steve Trachsel taking credit for delivering the pitch to Mark McGuire that he hit out of the park for his 62nd home run.
Posted on 2/22/24 at 4:21 pm to MontyFranklyn
quote:
Didn't Clinton balance it and left Bush with a surplus?
Clinton and his people had a big hand in 2008 collapse.
I wouldn't praise anything he did financially
Posted on 2/22/24 at 6:25 pm to MontyFranklyn
quote:
Didn't Clinton balance it and left Bush with a surplus?
Clinton had some years where we did not spend everything we brought in. We were still in debt and, arguably, the Gingrich-led House deserves at least as much, if not more credit. The President can request funding, but Congress approves it.
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