A aviation & planes forum. AviationBanter

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Go Back   Home » AviationBanter forum » rec.aviation newsgroups » Piloting
Site Map Home Register Authors List Search Today's Posts Mark Forums Read Web Partners

Leaving the community



 
 
Thread Tools Display Modes
  #1  
Old November 11th 04, 12:38 AM
John Theune
external usenet poster
 
Posts: n/a
Default

"C J Campbell" wrote in
"Cecil Chapman" wrote in message
P.S. You're right, we should all thank Mr. Bush for turning a
hard-earned surplus budget (earned under Clinton's rule) into a 4.3
trillion dollar DEFICIT.


That is really funny coming from a Democrat. Here we have Democrats
accusing Bush of behaving too much like a Democrat. ROFL.


Just for historical accuracy I think the "behaving too much like a
Democrat" thing is pretty outdated. After all, the only balanced
budgets in the last thirty years has been with the Democrat Bill
Clinton in office. (Source: Appendix F of the CBO publication The
Budget and Economic Outlook: Fiscal Years 2005-2014.)

No matter what you think of Clinton, neither of the Bush presidents,
nor Ford, nor Reagan managed that. In fact, the deficit climbed
significantly in the Reagan and first Bush terms. First time over one
trillion. two trillion, and three trillion in those years.

So, high time to adjust our view to reality.

-Malcolm Teas


I think a more balanced view might be the relative growth of the budget
vs inflation during various administrations. The main reason Clinton got
to run a surplus was a huge increase in income due to the internet bubble
and the capital gains taxes it generated. While a surplus is a good
thing, it must also be viewed against spending as I certainly don't want
a budget surplus if it means they take all my money!
 




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Leaving the community David Brooks Instrument Flight Rules 556 November 30th 04 08:08 PM
aero-domains for anybody in the aviation community secura Aviation Marketplace 1 June 26th 04 07:37 PM
Unruly Passengers SelwayKid Piloting 88 June 5th 04 08:35 AM
Report Leaving Assigned Altitude? John Clonts Instrument Flight Rules 81 March 20th 04 02:34 PM
Big Kahunas Jay Honeck Piloting 360 December 20th 03 12:59 AM


All times are GMT +1. The time now is 02:15 AM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 AviationBanter.
The comments are property of their posters.