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Originally Posted by August
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Originally Posted by Frame57
I do not fear the dems or the reps, but what i do fear is social engineering. For the Bill Clinton fans, I will tell you this; he balanced the budget by cutting capital gains taxes. The smartest thing he did! BO will raise taxes to put money into social engineering programs. I would not even label the man-a democrat. Even Bill Clinton understood what it takes to be economically sound. BO does not!
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Actually Bill Clinton didn't cut or raise taxes, he just signed bills passed by Congress, and they're the ones who would fund any social engineering programs (otherwise known as porkbarrel) as well.
What I worry about is who Obamas advisers might be and how much of a negative influence they will have on his good judgment. He's shown a willingness to embrace dangerous radicals and I just hope to God that they don't own him as much as some folks believe they do.
It's never a good thing when both houses of Congress and the executive branch are all controlled by one party. Bad legislation gets passed because there is no need for consensus. It wasn't a good thing when the Republicans had it and it won't be a good thing if the Democrats get it. |
He signed legislation in 97 to drop it to 20% which resulted in revenue to balance the budget. Bush later dropped it to 15% but because of the tech bubble bust he did not see the continued results that the Clinton administration had. Unfortunatly!