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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