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----- Original Message -----
From: tazarmfune
Sent: Wednesday, November 30, 2005 9:39 AM
Subject: [FairfieldLife] Re: Where is Mr. M.DIXON?

>>>>
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.

























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