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timj219
Ah yes the old "bill clinton" defense. it just never gets old does it? even 2 years into w's secodn term. What in the world was I thinking? Republicans will probably be using it to explain the failures of the next republican president.
And I guess assigning responsibility to those in the majority is a foolish hope as long as there are still people stupid enough to fall for the old "at least I'm not as bad as the other guy might be" defense.
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Well, when you start making accusations based on 7 year old CBO projections, you most certainly had better expect that I will point out how the assumptions those projections were based on were flawed (i.e., not assuming the very real recession that Bush inherited from Clinton).
Furthermore, if you want to play the CBO game, then the "surpluses" in the last two years of the Clinton administration were due to Capital Gains tax CUTS, just like the tremendous (and equally unanticipated by CBO) drop in the deficit in the last two years since the latest Capital Gains tax CUTS. Seems CBO does a piss-poor job of realizing that reduction in the capgains RATES have a damn fine track record of resulting in increased REVENUES. And for the record...democrats decry each and every reduction in the CapGains rate as "tax cuts for the rich", and hardly supported them.