Sunday, July 13, 2008
Clintons Economic Hoax!
The belief that the Clinton's Economic Policies and Tax increases gave this nation the best
economic conditions is a major lie, made by the liberal Press, ever to be perpetrated on
the Citizens of this Country. Lets look at the facts:
1. Clinton campaigned on the supposed bad economic conditions with a slogan "It's the economy Stupid." And of Course, since there so much stupidity within the Democratic party
and the liberal media, the Democrats ate up this fallacy, like it was written in stone. When
it was later proven to be a false premise, Clinton's administration gave us the 'Oops'
excuse. It got them elected and that was the goal. Lying for this administration became
its standard operating procedure.
2. The first two years of the Clinton Administration was, for all practical purposes, a total
shambles. Hillary's' Medical Plan, would have bankrupted this country. In fact, even the
the Democrats in congress would not buy into this stupidity.
3. Because Clinton's first two years in Office was so bad, that the Republican Party took
control of the Congress.
4. It this year, l994, it was the Republican Conress that passed the "Balanced Budget
Amendment" that went a long way in curbing a lot of wasteful spending.
5. It was Clinton who, by shutting down the government, and than blackmailing them to
make a 1,000 increase in the EIC, going from a minimum of 20,000 to 21,000 in the year
l995. By the way, while doing so, he made a sweetheart deal with Monica, in the Oval
Office.
To get to the truth of this Matter, one should get a copy of CNN Special "Wall Steet" that
points to the fact, because of Ronald Regan's cut in the Capitol Gains Tax, Small Business
beginning in the year 1988, had a major increase in the growth of these entrepreneur
businesses. Since it takes about 4 to 6 years, for the benefits of this growth, its maximum
effect, was around the year l994. If anything, increase taxes might have had a negative effect. By the way, this business growth was also accompanied by a major growth
in female entrepreneurs. In fact, Women in this time frame, were responsible for the major
growth in Small Businesses.
"The truth has a horrible sweat to survive in this world, but a piece of nonsense, however
absurd on its face, always seems to prosper." H. L. Mencken
The Messenger.
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