Saturday, August 07, 2010

President Clinton announces another record budget surplus

..."Eight years ago, (click title to entry - thank you) our future was at risk," Clinton said Wednesday morning. "Economic growth was low, unemployment was high, interest rates were high, the federal debt had quadrupled in the previous 12 years. When Vice President Gore and I took office, the budget deficit was $290 billion, and it was projected this year the budget deficit would be $455 billion."...

That was in the year 2000.

THEN.

CAME.

THE BUSH TAX CUTS of 2001  !!!!!!!!!


Greenspan calls for repeal of Bush tax cuts



Warns of crisis if US coffers drained further
By Sewell Chan
New York Times
August 7, 2010
...“I’m in favor of tax cuts, but not with borrowed money,’’ Greenspan, 84, said yesterday in a telephone interview. “Our choices right now are not between good and better; they’re between bad and worse. The problem we now face is the most extraordinary financial crisis that I have ever seen or read about.’’...



http://www.boston.com/business/articles/2010/08/07/greenspan_calls_for_repeal_of_bush_tax_cuts/