It was more about the dot.com bubble than anything else. And ultimately that did burst and caused a recession. And Newt wasn't Speaker until '95. Taxes were raised by Clinton and the Democrats.
The Debt Clock
- Thread starter Returntosender
- Start date
PT Car Washer
Well-Known Member
The budget was balanced by President Clinton and the Democrats. Someone has to be the adults in the room.
The budget was balanced by Newt Gingrich and the Republicans. We're all talking about how Joe Biden's administration has gone way left but people forget that in his first two years Bill Clinton and the Democrats pushed through huge tax increases and tried to do similar to Obamacare with "Hillarycare." Led to 1994 being called "the year of the angry white male." Democrats had completely controlled Congress for 40 years but Clinton caused them to lose total control to Newt Gingrich and the Republicans. And it led to Bill Clinton going center-right to get reelected which led to him signing welfare reform and signing off on a balanced budget which the Republicans promised they would do with their "Contract With America." If only we had maintained fiscal sanity.
PT Car Washer
Well-Known Member
Instead the country elected another Bush.
You're trying to salvage a little something after lying about Clinton and the Democrats.
PT Car Washer
Well-Known Member
More disinformation?
Yes, you gave more disinformation.
UnionStrong
Sorry, but I don’t care anymore.
As usual
PT Car Washer
Well-Known Member
You guys are two peas in a pod.
DriveInDriveOut
Inordinately Right
You are a coconut lost at sea.
PT Car Washer
Well-Known Member
Been watching too much Gilligan's Island?
floridays
Well-Known Member
You have all the time and space to provide the truth, the floor is yours PT Soap Suds.
Get busy.
PT Car Washer
Well-Known Member
Sure thing Skipper.
floridays
Well-Known Member
Continue to pop off with your lies then, makes no difference to me Super Soaper.
Pssssst, you missed a spot.
Babagounj
Strength through joy
Trillion-dollar platinum coin could be minted at the last minute
The coin could be deployed to help bridge the gap between the money running out and the debt ceiling increasing.
www.axios.com
A trillion-dollar platinum coin could be minted "within hours of the Treasury Secretary's decision to do so," Philip Diehl, former director of the United States Mint, tells Axios.
Why it matters: Congressional solutions to the debt-ceiling problem could take weeks to implement, especially if the reconciliation process is used — and time is running out. In case of emergency, a trillion-dollar coin could be deployed to bridge any gap between the money running out and the debt ceiling being raised.
"Voila, we'd have bought ourselves the equivalent of a trillion-dollar increase in the debt limit, without any impact on inflation," says Diehl.
No1 Special
Long time listener, first time caller.
Who this guy?
Bill Clinton Visited Pedophile Island By Tim Dillon
Bill Clinton Visited Pedophile Island By Tim Dillon
rumble.com
PT 4 Life
Most-Hated Member
Bush was the worst.
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