Quoting [EMAIL PROTECTED]: > [Arlo] > > the percentage of our debt to GDP has increased quickly and without > > stopping, > > except for during the Clinton years. > > Matching the debt to Presidents is low quality analysis. Firstly, laws > requiring > expenditure were often passed in prior years & laws to collect the revenue may > not > take effect for years in the future. > Secondly, the party in power in Congress is important. For instance, in > Clinton's > administration, Republicans controlled Congress for 6 years. Fiscal > responsibility > was a critical part of Gingrich's "Contract with America". > The Democrats controlled Congress for the entire time Nixon, Ford & Bush I > were > Presidents; controlled the House for all of Raygun's term & the Senate for 2 > of > the years. > Craig
I agree. Congress controls the purse strings. Platt ------------------------------------------------- This mail sent through IMP: http://horde.org/imp/ Moq_Discuss mailing list Listinfo, Unsubscribing etc. http://lists.moqtalk.org/listinfo.cgi/moq_discuss-moqtalk.org Archives: http://lists.moqtalk.org/pipermail/moq_discuss-moqtalk.org/ http://moq.org.uk/pipermail/moq_discuss_archive/
