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Reply #7: I would be very interested in seeing that information source. [View All]

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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 11:22 AM
Response to Reply #6
7. I would be very interested in seeing that information source.
One thing I'm wondering is how you would categorize the congress during Saint Ronnie's first 6 years, when Republicans controlled the Senate and Democrats controlled the House.

And such a breakdown might only serve to muddy the water. For example, every single Republican in Congress voted against the The Omnibus Budget Reconciliation Act of 1993 and it was barely passed by the Democratic congress with Vice President Al Gore casting the tie breaking vote in the Senate. This key legislation would certainly not have been passed by the Republicans who took control of Congress in 1994, so it doesn't seem logical to give them credit for the shrinking deficits that occurred during Clinton's presidency.

After 1993 Clinton would have vetoed any attempt by the Republican congress to rescind key elements of the Act, notably the tax increase on the top 2%. But with Clinton out of the way, they wasted no time in 2001, massively cutting taxes on the wealthy and throwing pay/go out the window. The result is there in the OP's chart for all to see.
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