He's The Best President We've Ever Had
He Was One Of The Best
He Was Pretty Good
He Was Kind Of Bad
He Was One Of The Worst
He Was The Worst
Clinton has to be judged as the most corrupt president in history, as the man who allowed a major campaign donor, Loral Corp, to sell MIRV technology to the Chinese, who failed at every foreign policy venture embarked on, who was impeached for comitting a felony, perjury, and who later paid fines for, and who basically never did anything without first checking if it benefitted him personally, and then checking if it benefitted his party, and never worrying about whether or not it benefitted the country.
"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
I don't think many who look at the numbers will argue that the deficit wasn't reduced under Bill Clinton.
What's really important is to understand why it was reduced.
It was reduced, in large part, because Clinton was dealing with a GOP controlled Congress which killed large spending proposals such as universal health care. And as others have pointed out, the military was cut dramatically during the 1990s. Pointing to a program here or there that was initiated or got increased funding doesn't change the fact that military spending decreased dramatically during his administration LINK. And to be fair, that trend started before he took office with the so-called 'peace dividend' at the end of the Cold War in 1989.
U.S. deficit reduction was assisted greatly by the dot-com bubble which resulted in soaring stock markets and increased tax revenue. That bubble burst in 2000, leading in large part to the recession of 2000 and 2001.
One could argue whether the peace dividend or the dot-com bubble were related to Clinton policies. But what is certain is this... Bill Clinton never went on the wild spending spree that we're witnessing now. Not even close. If he had, that chart posted a bit earlier would look much, much different.
Last edited by Grateful Heart; 06-21-09 at 09:32 AM.
Secondly, alot of the reduction in military spending was a result of efforts by both Bush the elder and Clinton administrations to streamline and improve efficiency in the military. My favorite example is the base closure commission started by Bush the elder, and continued under Clinton, which did not reduce military readiness, and I think next year we reach the break even point, where the cost of the closings is surpassed by the savings from closing the bases.
Bush kept his promise and sent over $100 billion and has been thanked profusely by our mayor and our newspaper.
Let's put it this way. Since I'm not wrong, the only question you have to ask is why aren't members of Congress and put in jail for pulling tricks with the numbers that would put any Enron exec in jail instantly.
They lied to you.
You don't have to believe the lie.
If you want to be free, you'll stop believing their lies.
There was never a surplus.
Funny, though, the people babbling about this alleged "surplus" never ask the obvious question:
Why wasn't the money returned to the people it was taken from?
The S&L Bailout, necessitated because of the shenanigans of the Democrats in the Senate, was paid off and finally returning money to the government.
Again, the Rapist President had nothing to do with this, either.