Given your complete dodge and failure to provide a link for the quote, that would certainly be a logical deduction. The "rock" turning to a pillar of sand.
Not at all. Raise taxes like Clinton did and pay down the debt when the economy is good. Not run up more debt when you and your children pay their taxes, and are a very very irresponsible concommie
What has happened is that since 1981 every Republican administration has increased the deficits, and every Democratic one has brought them down.
More RW propaganda. https://www.cbo.gov/sites/default/files/recurringdata/51134-2017-06-historicalbudgetdata.xlsx Newt and the Republicans wanted to run up the deficits in their comcommie way they always do. When Bush was selected, they got their wish, and squandered the surplus budget Clinton left.
I'm not saying I'm against balance budgets or surplus budgets. But there are times when the fed government should deficit spend, like when the economy is in a bad recession.
actually Newt passed BBA to make deficits illegal. It passed in house and was killed by Democrats in Senate. Debt would be $0 dollars today, not $20trillion if Democrats had killed all 30 BBA's proposed or passed by Republicans.
BBA is only way to stop politicians from spending more and more and taxing less and less. A child could grasp this.
wrong of course, raising taxes slows economy and spending the money quickens the economy making a net gain impossible. Again, a childs concept
Why didn't they pass it in 2001 when the Republicans controlled the House, Senate and WH, and had a surplus from Clinton? Oh yeah. It was a Republican in office.
Same thing conservatives told us in 1993 when Clinton raised taxes. It would slow the economy and destroy jobs. Instead during the time of the Clinton tax increase we saw the longest sustained period of growth post WWII, a record 23 million additional jobs created, poverty levels dropping to all time lows, stock markets tripling even with the correction, the unemployment rate dropping to the lowest level in decades, real incomes rising for all income classes, and the best average annual real GDP growth since the 1960s. Oh yeah, and a then record deficit turning into a surplus. Could conservatives be more wrong?
you mean a tiny majority that would give them control if 100% of them plus some democrats agreed . Now do you understand difference between majority and control??
Yes surplus because of NEwt and his contract with America to which Clinton was 100% opposed and fought tooth and nail!!!!
Please state which facts you assert is incorrect and why. Are you saying that tax increases help economy?? How would that be possible??[/quote] I said no such thing. I pointed out the falseness of your claim that "raising taxes slows economy." Not necessarily so, because, contrary to what conservatives claimed, after the Clinton tax increase, we had the lothe longest sustained period of growth post WWII, a record 23 million additional jobs created, poverty levels dropping to all time lows, stock markets tripling even with the correction, the unemployment rate dropping to the lowest level in decades, real incomes rising for all income classes, and the best average annual real GDP growth since the 1960s. Oh yeah, and a then record deficit turning into a surplus.
They had control of the HOR, the Senate, and the White House. They didn't even try to pass a balanced budget law. Because a Republican was in the WH. Even a child could grasp this.
Exactly. Clinton fought against Newt's tax cuts for m/billionaires because he knew it would wreck the budget. In 2001 Republicans got control, passed the tax cuts, and wrecked the budget.
so you think raising taxes stimulates an economy??? How would that be possible?? Also, you pretend the Clinton ran perfect economic experiment with all variables held constant except tax increase. Do you grasp this point??