lets take a look at the amount each year, look at how during the clinton it goes DOWN from taking over the debt from a republican and gradually reduces it down to a small manageable amount, yes it increased but by the end had it at a very small amount, if bush had continued clinton's plan we would have had a surplus under his plan.
Clinton in fact had a surplus. It was handled off budget. Read HR 4601, 106th congress. In four consecutive years the Clinton administration bought back about $400 billion of debt and was on track to completely pay off the total debt by 2012. Then along came George.
Agree, it is amazing that republican voters don't understand that the republican position is not an economic "idea" that is untried, it is one that has been heavily tried and has failed horribly, if dropping the top tax rate from 60% (in 40's) to 28% now has not brought in incredible growth and prosperity for all why would 28% to 20% do so? It's just a scam to get the middle class paying more (with the republican medicare plan seniors will likely have to pay about $8000 or more on top of the "voucher" for medical needs) while the rich get a significant tax drop and the whole overall plan depends on 3% unemployment (yes somehow taxing the rich less is going to end unemployment(despite this not being true in the past)). statistically the opposite is true, tax the rich more and create more jobs as the money gets reinvested. to avoid taxes.
It's amazing that there is a peasant verse wealthy war going on.... and the rich are trying to take everything away from the poor (which to them includes the middle class) in order to create a class of truly poor people that will then work for nothing and increase profits for the rich.... I don't think many people realize just how many older people are working jobs just to get health insurance, they could retire but can't get health coverage, they are bound to an employer.
or give this guy another tax break, I mean he needs most of all, if you don't have $100 million you ain't nothing, maybe after he hits 100 million he will create some jobs with it
Take it back about 60 years. In the 1950's a corporate executive earned about five times what a carpenter earned. By the 1970's that figure had grown to 50 times what a normal American worker earned. Guess what sport's fans?? In the last couple of years the big boys earn about 550 times what an assembly line worker or craftsman earns. Just where does it stop? Just what are the limits on pure unadulterated greed?
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