McGentrix wrote:Over the last three years, tax receipts have increased nearly 35 percent and the stimulus is continuing.
No, it did NOT.
The last figures the Congressional Budget Office has is for 2005.
From 2002 to 2005, individual and corporate income taxes went up 19.8%
However, also from 2002 to 2005, budget outlays rose
22.9%
Don't look now, McGentrix, but the idea is to bring in an equal or greater amount of money than you spend. Bringing in 19.8 percent more and spending 22.9 percent more is not the direction you want to go in.
Is this the "stimulus" for the economy you Bush people are bragging about? It seems more like hemlock.
By contrast, in the eight years of Bill Clinton's Administration, tax receipts more than doubled-they increased 110%.
However, in those same eight years, budget expenditures increased only 29.5%. That's right, tax receipts went up more than three times as quickly as budget expenditures. That's how Clinton could get rid of the deficit, create a surplus, and reduce the national debt.
And please notice that these Clinton figures are for his whole eight years, while you are cherry picking Bush's best 3 years trying to make him look good. And Bush still looks pathetic next to Clinton
McGentrix wrote:Over 5 million jobs have been created since August 2003.....
5 million jobs in three and a half years? That's nice-1.5 million jobs a year. Clinton created over 18 million jobs in eight years-that's 2.3 million jobs a year. And again, that's for Clinton's whole term-not his best cherry picked years, like you are doing for Bush.
Say McGentrix, when do you get to the part where Bush looks good next to Clinton? So far you've done a great job showing how bad he is.
The economy was on the rebound in 1992, & that's easy to find on google. Clinton lied about the economy, just like all the lies about the balanced budget during those years. It was balanced on paper only.
