Well, Marcia, I remember that $40,000 figure too...but I also remember that it was the Republicans who claimed that that's what the Democrats thought. Political campaigns are full of one side misrepresenting the position of the other side. If I recall, Gore's rhetoric hammered on "the top 1%", which is more like $100,000. In places like Silicon Valley, with one of the world's highest costs of living, that's a middle-class wage. But in the country as a whole, with living costs more reasonable, the median income is about $40,000. That, I think, is why the Republicans chose that number, to frighten the maximum number of voters.
I agree that Alan Greenspan has done a good job, fundamentally as a steadying influence. Greenspan also had a lot of praise for President Clinton's success balancing the budget. What goes around comes around, eh?
--Robert
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Re: I'm shocked!
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