Kerry???

[Sip]

If anywhere i said that, or even implied it the way you said it, then someone please shoot me.

Take it easy ... no reason for shooting!

You said:

if you were to study what and how the deficit was cut for... you would understand that it was mostly the work of the previous administration

I'm saying so the balanced budget clinton proposed was the work of the previous administration? Or you are only saying the low unemployment and inflation was the work of the previous admin?

[gevo]

Take it easy ... no reason for shooting!

You said:



I'm saying so the balanced budget clinton proposed was the work of the previous administration? Or you are only saying the low unemployment and inflation was the work of the previous admin?

Do u think every proposel is instantly active and u see the instant outcome?

[Harut82]

[dusken]

He is probably talking about Reaganomics which I believe is a joke. "I'm Ronald and I'm going to cut taxes and tell everybody things will be just fine in 10 to 15 years." Ten to fifteen years? That is just broad enough that it will encompass both ends of a fluctuating economy and just long enough that people forget Reagan was useless. What administration was responsible for the economy during Clinton's terms? Bush? The guy in it for four years that spent the entire time fighting a war and managing his own checkbook? He was a brilliant president, I am sure.

[Anonymouse]

Reaganomics was one of the worst nightmares we had to endure. Unfortunately, the masses' ignorance of economics goes unabated. All presidents are disastrous for the economy by their regulatory policies. The less each administration interferes with the economy the better. But the ignorance of the masses is seen when they see politicians such as Kerry saying "I will create more jobs". That is an economic fallacy, since jobs are created by forces in the market that have nothing to do with the president.

[Anonymouse]

Yah Clinton did a lot of damage ... like cutting down the deficit by like 1/2 a trillion, lowest unemployment and inflation in decades ... oh yah .... a LOT of damage that guy did.

Clinton damaged the economy, not improved it. Under Clinton’s urging, Congress increased taxes, pushed up the minimum wage, and intervened into private industry. Democrats tax and spend, Republicans borrow and spend, in the end both are disastrous to what we call free enterprise and the free market. Under Clinton they pursued lame anti trust cases such as Microsoft ( which the irony of it is that it itself is a government created monopoly ). Continued unabated was the attack on the tobacco and pharmaceutical industries, which more and more expanded the power of government against private producers.

[Sip]

I know you mentioned many points but how is Microsoft a government created monopoloy? I would say it's the poster child of a product of "free enterprise".

[surferarmo]

Reaganomics was one of the worst nightmares we had to endure. Unfortunately, the masses' ignorance of economics goes unabated. All presidents are disastrous for the economy by their regulatory policies. The less each administration interferes with the economy the better. But the ignorance of the masses is seen when they see politicians such as Kerry saying "I will create more jobs". That is an economic fallacy, since jobs are created by forces in the market that have nothing to do with the president.

Reaganomics was a period of serious entrenchment. It was a breath of fresh air as compared to the horrible new deal and the permenant social programs that would hurt rather than help our economy.

[dusken]

Reaganomics was a breath of fresh air from a fifty year old action that was a direct response to the Great Depression? Stupid Republican...tricks are for wh0res.

[Anonymouse]

It is antitrust laws that are the real culprit. Government is the real monopolist. The only way in which Microsoft is government created is via copyrights laws, and legal barriers to entry that only State laws have created, not Microsoft, and not free-enterprise.