>>>> When Reagan took office government revenues were around 500 billion a year , give or take about 50 billion. Before taxes were raised again the economy had expanded and revenues increased to about 1 trillion during the Reagan administration. >>>>>
After his tax cuts, the country went into recession. And don't forget that Reagan instituted the largst tax increase in American History (social securty issues). And he compiled more debt than all the previous presidents combined. >>>>>>>>>>> Now under Bush there has been steady growth in the economy month by month, pulled out of the Clinton recession,and again government revenues have grown. I don't have the exact numbers in front of me but every now and then I hear in the news where government revenues for a quarter were bigger than were anticipated and caused the deficit to be less than expected. >>>>>>>>>>> Steady growth? What reality are you living in? Steady job losses for over 4 years. Only modern president to have a net job losses in a term. Clionton recession? More GOP fantasy. Longest sustained economic growth in U.S. History (despite the blow job). Yes, record tax increases (surpassing Reagan), but - take a look at ALL the dire predictions from the right wing about that. The WSJ predicting economic doom and disaster. None of which came to pass. Bush inherited a slowing economy for sure... but not one that met the traditional definition of "recession." "Deficits less than expected?" Are you kidding me? Before he took office, there were NO deficits projected or expected. Surpluses were in the forecast. Nothing but red ink now. So much for the Balanced Budget Amendment. And it's just not the so-called "war on terror." Bush's non-defense spending has increased about 7% per year, vs. 2% for Clinton. Bush has changed America's course from tax-and-spend to borrow-and-spend. ------------------------ Yahoo! Groups Sponsor --------------------~--> Get fast access to your favorite Yahoo! Groups. Make Yahoo! your home page http://us.click.yahoo.com/dpRU5A/wUILAA/yQLSAA/JjtolB/TM --------------------------------------------------------------------~-> To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
