I don't know enough about the intricacies of economics to engage in any meaningful discussion here. However, I don't think things are as clear as it may seem. I've heard argument that it is true that when democrats are in office the economy seems to be better than when republicans are in office. I have also heard that the reason this may be so is because we don't feel the effect of the republicans policies until the republicans are out of office. Then the democrats are in office, they reverse the republicans policies, and enjoy the perks that came with those policies. Then its one mean cycle over again.
I really can't say one way or the other, I just wanted to point out that I don't think its a black and white subject. So blaming a "Chimpanzee President" may be pretty strong language for such an unsettled problem. On Feb 4, 5:37 pm, Slip Disc <[email protected]> wrote: > Wednesday, August 4, 1999 > > For the first time in 25 years, the US Government plans to reduce the > size of the national debt. > > The Republicans are proposing a $792bn tax cut, while President > Clinton and the Democrats want to add funds to the social security > retirement program and Medicare, which provides health care for older > people. > > Such a course of action has long been advocated by Alan Greenspan, the > influential chairman of the US central bank, the Federal Reserve. He > argues that reducing government debt should take priority over tax > cuts, as the move will free funds for private investment and lower > government spending. > > http://news.bbc.co.uk/1/hi/business/the_economy/411973.stm > > It's amazing how 8 years and a Chimpanzee President can turn things > upside down. > > http://www.brillig.com/debt_clock/ --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""Minds Eye"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/Minds-Eye?hl=en -~----------~----~----~----~------~----~------~--~---
