Longtime GOP economics consultant Bruce Bartlett
states the truth:
Putting all the numbers in the C.B.O. report together, we see that
continuation of tax and budget policies and economic conditions in place
at the end of the Clinton administration would have led to a cumulative
budget surplus of $5.6 trillion through 2011 – enough to pay off the
$5.6 trillion national debt at the end of 2000.
But, of course, the Republicans won the White House and C-Plus Augustus blew up everything from the Deficit to the much of Asia.
Not that we'll ever hear about this again.
No, David Gregory has to have his Sunday morning biscotti without the agita of truth.
Rising Hegemon
Is "Sunday morning biscotti" what people are calling Noot Gingrinch's corpulent ass these days? Because it seems like that's who (or what) Dickers has on every show. Or so I've heard. I don't watch that shit. I prefer RT TV or al-Jazeera English (both available on my cable TV system) for more insightful coverage of the U.S. A sad day indeed when the news on Russian and Arab stations is more honest than corpolamestream American channels.
ReplyDeletesupply side or underpants gnome economics?
ReplyDeletealso grover norquist must be exiled to siberia. or somalia.
ReplyDelete