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Article #593Re: Clinton Speech: What's Wrong with this Picture?
From: Dave Rabinowitz
Date: Mon, 29 Jan 1996 00:00
Date: Mon, 29 Jan 1996 00:00
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1591 bytes
>I don't believe it. Another person who has been scammed about Reagonomics. >Look at all the facts. Mainly, that bond laws changed PRIOR to Reagan >becomming president, and that CONGREESS controls the budget, not the >President. The President can only sign the budget, or veto it. Thre real >cause of the budget escalation is "Entitlements", started what, around >Kennedy's and Johnson's time? In 1981 Ronald Reagan introduced his concept of Reaganomics, the trickle-down theory, and sold it to the public and pushed it through congress with a major media drive. His program consisted of major tax reductions for the wealthy along with major increases in military spending. Reagan's staff wrote the bills and pushed them through congress. I agree that congress shares the blame, but in his first two years in office Clinton had a Democratic congress and he still managed to reduce the deficit significantly.
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 106ed4,c76db2d97a71463e X-Google-Attributes: gid106ed4,public X-Google-Thread: fb1cb,c76db2d97a71463e X-Google-Attributes: gidfb1cb,public X-Google-Thread: 10a18d,c76db2d97a71463e X-Google-Attributes: gid10a18d,public From: daver@mycroft.ECE.ORST.EDU (Dave Rabinowitz) Subject: Re: Clinton Speech: What's Wrong with this Picture? Date: 1996/01/29 Message-ID: <4ej5ak$slt@engr.orst.edu> X-Deja-AN: 137050567 references: <4e8b6o$3du@engr.orst.edu> <CStandley.0gwe@nesbbx.rain.COM> organization: College of Engineering, Oregon State University newsgroups: or.general,ca.general,seattle.general