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[QUOTE]Originally posted by First of Two: [QB] Ah, yes, the horrible Reagan years, when all the Yuppies who were making high-paying jobs straight out of college... oh, wait. As for the deficit, every idiot knows why that happened, and it wasn't Star Wars. If you cut revenues, but don't cut spending, you run up a deficit. Reagan, surfing on his popularity (Remember how many states Mondale carried?), got a Democratic-controlled Congress to cut taxes. A pretty high achievement in and of itself, because lowering taxes on ANYBODY is anathema to what the Democratic party stands for. (You ask how I know it's anathema? Because no Democrat brought it up until the Bush tax cut promise got him elected, even though the surplus was forseen WAY back several years before the 2000 election.) However, he was unable to force the same congress to cut spending (the other half of the Democratic Ideal), as he wanted to. Hence the deficit ballooned. "the poverty rate dropped to 12.7 percent from the 15.1 percent it was under Bush Sr.; the Dow Jones Industrial Average went from 3,242 to 11,000; the median family income rose from $33,839 to 38,885 (adjusted for inflation);" thanks to preexisting policies, not to mention redefinitions of certain things like "the poverty level." "And the Republicans didn't control Congress during the first two years of Clinton's term. Enough time for the Democrats to make sure the Republicans couldn't endanger the economy." Yeah... because the Democrats had already done that by passing the largest tax hike in HISTORY... which is what GOT the Republicans control of Congress in the FIRST place. Though admittedly that didn't do much good because Clinton vetoed everything, and there were still too many Demoncrats in Congress to override the veto. [/QB][/QUOTE]
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