Money, Money, Money, Mo....ney

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Just kidding Squiggy. Simplify taxes would be great... Introduce a flat tax rate on income tax and abolish all the other crap taxes. Russia did that and they collect now more taxes than ever before.

Cut spending... Start with the stuff I mentioned in that other post.
 
That would seem logical, unc. I don't understand what oli and jerrek are implying. It was bad to have a great economy and a surplus under Clinton just because it was Clinton?
 
Give the credit to Bill Gates for the economic boom of the 90's. It had little to do with sitting or former presidents. It was about technology & it's growth.
 
Economic booms are a product of consumer confidence which is either created or not by the sitting president. Thats a fact that I don't see an argument for. We can have all the money in the world but we don't have an economy until somebody SPENDS. And I'm not talking about government spending. I'm talking about the public.
 
Everybody spent. They bought computers, monitors, software...they saw the potential & decided they wanted to be in the front. Gates became the richest man in the world by creating a consumer friendly product (well, I'm making a point there) & the people could use it. Even the idiots. It was a matter of coincidence & timing for Clinton. I'm not bashing him (this time), presidents are victims of circumstance.
 
you guys must have been different to us, over here we were making stacks of cash until 1990. house prices now are only just touching where they got up to then and we are supposed to be at at all time high :)
 
Thinnk again oh great wise one
Dow-01/03/1900-66.61

Dow closed @ 824.57 on 01/02/80

it closed at 3063.51 on 11/14/91
 
the reference was to how the boom in federal funds was due to the 90s boom, looking at federal figures for the 80s boom it appears to have not responded to what could be considered a greater economic upturn than today in relative terms.

the chart refers to federal surpluses or deficits not to overall economic status, clearly the federal response to the increase in public wealth was not brilliant.
 
And when the Dow goes up the economy goes down. Thats all the Rich hiding their government subsidies....
 
So then the economy right now is doing absolutely terrific? Even with the terrible job Bush is doing?

Man... at least make sure your position is defensible first.

And to clarifiy what I am "implying": I would prefer reduced government spending and both simlified and lowerd taxes.
 
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