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![]() "Gig 601XL Builder" wrDOTgiaconaATcox.net wrote in message ... "Larry Dighera" wrote in message ... http://money.cnn.com/1999/06/28/economy/clinton/ NEW YORK (CNNfn) - President Clinton on Monday proposed paying off the national debt by 2015 after issuing a new budget outlook that adds $1 trillion more to the overall budget surplus over the next 15 years. You do realize that those 15 year number really are the silliest estimates in the world. Even the old USSR had the since to only make a 5 year plan which changed every year. Quite so. The CNN report is dated June 28, 1999. Eight and a half months later, in March, 2000, the dot.com boom, that fed the tax coffers, collapsed. Caused in part by the FCC's idiotic regulations on the telecoms (to support the internet craze), it was exacerbated by the tax increases that strangled a quick recovery. |
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