Current Events — HabitableZone

Current Events » in reply to re: Staggering deficit

Uh...Tom

Bill Clinton campaigned on balancing the federal budget and eliminating the deficit. He effectively fixed the Reagan-Bush era deficits. Reagan's strategy was essentially "don't worry, it'll fix itself." Well, guess what? It didn't. Bill Clinton actually trimmed the federal workforce to pre-Kennedy era levels. And since the Republicans have held both the White House and Congress, the growth in federal spending has increased at its highest rate in forty years.

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