Archive for October, 1995
Look Republicans, I Shrunk the Deficit
President Clinton upstaged Republicans as they opened debate on their budget reconciliation bill by holding a press conference to announce that deficit spending for fiscal year 1995 has come in lower than his original projections. Since Mr. Clinton has been in office the deficit has gone from a high of $290 billion to $164 billion, so the President proudly claimed, “My policy is working!” Has Clintonomics been good for the country and good for the economy, at least for the short run? Read the rest of this entry »
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