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Reply #11: Confidence [View All]

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Parisle Donating Member (849 posts) Send PM | Profile | Ignore Wed Apr-04-07 01:51 PM
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11. Confidence
--- Bush Sr held the budget deficit record, until Junior came along. The economy largely operates on confidence, and that was what gave Clinton an edge,.... that, and the fact that Ross Perot had alerted the entire nation to the problem of debt. Clinton's good economic years were due to the rising level of confidence attendant to the serious effort to reduce debt and solve the persistent budget deficit. No matter what W says, budget deficts are not good.
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